Attached: GDX Daily Chart as of 7th April 2023 Price has given a Classic Cup & Handle Breakout Buy Signal on the Charts What do Technical Indicators say on the Daily Chart? - RSI is in overbought zone ( > 70) and confirming a Bullish Regime✅ - MACD is trending up and in buy mode, confirming Momentum✅ - DMI is in buy mode and ADX is above 25, confirming a Strong...
gold 55112 silver 62240 high made in dedcat bounce gvn here some bounce due to powel speech
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 !
Gold had made triple bottom around 1620 & has made a leading Diagonal in Wave ((1)) of new Impulse so a break down from this leading pattern could result a pullback in Wave ((2)) & in same time DXY should rise in Wave B the larger trend for Gold for this year should remain bullish until we breach 1620 a commodity boom in second half 2023 can push prices to new all...
TVC:DXY Finally confirms it's Bearish Reversal By Breaking down the prolong Uptrend. Now we can expect long term downtrend in DOLLAR to Resume. It's Highly Bullish for Stocks, Commodities, Precious Metals, Paired Currencies and Cryptocurrencies.
GOLD and SILVER have been in a downtrend after a surge in Mar of this year which was a reaction to the Ukraine invasion. A lot of "GOLD is a safe haven " traders may have entered in post the invasion and have been stuck for over 6 months as the metal moved down over 21%. Of course the continuous downmove since then may have forced a lot of exits. We can now see...
Natural Gas is taking support of Upward trendline. It may give bounce from here 50-100 points. It can also add more if come 506-516
Precious metal has selling pressure and may continue to move bearish until mean price is not met. This is going to be interested in comparison to equity.
Gold seems to have finished its downmove at the recent lows around 1690 levels. The move since then has traced out in 5 waves and is clearly impulsive. The one-two , one-two series of upmoves should accelerate into a wave 3 and head towards 1760 as its first stop before heading towards 1850s. Silver is expected to follow same path. #XAUUSD #XAGUSD
gold ready big run gold near complete big time correction
TVC:GOLD GOLD is making a classic entry for a good upside I have drawn the whole perspective I think is the best possibility right now I am buying gold with the SL of breaking the trendline drawn on the bottom which I think it will retest once plz trade according to your knowledge and understanding, don't follow anyone blindly
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Gold Silver Ratio is great indicator to find Risk on sentiments.
As you could see the price has closed above a very long and deep trend line which was respected past 1 year. So expecting a good and protracted move in Gold and related bullions.
#GOLD Trendline of life for gold Price action followed in 2005 mirror image Coincedently in 2005 too Gold made bottom in month of JULY you can check Bigger Question is what to do Keep an eye on $1730 Nothing else 2 weekly + monthly close below bloodbath of life in gold can happen till then 1 can buy with same stoplosss
Gold forecast for the week. Gold Has currently swept some liquidity on the daily. Daily is a large sell range which it has just broken today to make a new low around $1842. We have filled some imbalance on the higher time frames and we could see a pullback into $1800 before making another leg up. to new highs? However short term price action, i believe in the...
1. Very good financial 2. No debt 3. Company entering into gold, silver & diamond jewellery loans 4.Currently operating in Maharashtra and now entering Gujarat and Rajasthan. 5. Credit rating of IVR BBB- with an outlook stable on its long-term bank facilities of Rs20cr by Infomerics Valuation & Rating Private Limited. 6. Experienced promoters, Comfortable Capital...
Why am I so confident of 1670-90 zone.., the same zone gave support 5 times earlier and it is the 6th visit to same zone.., It is the zone from where 400 dollar or 25 percent upside rally started.., And it is the zone of inverted head and shoulder breakout,, Expected Road map - 1680-1758 - 1698 - 1815- 1768 - 1868 (channel top) Buy the dips and keep...