Gold strategy today OANDA:XAUUSD Gold prices remain defensive at key technical levels, under pressure around recent multi-day lows. Gold continuously traded around the important resistance zone of 1900USD but could not break through The dominant trend of the whole time frame is still the downward trend of correction, so Sell strategies will still be...
OANDA:XAUUSD XAU/USD briefly surpassed the 38.2% Fibonacci retracement level of its recovery, measured between $1,902.62 and $1,987.40 at $1,954.88, but remains below the retracement level. 23.6% retracement at $1,967.37, immediate resistance. The daily chart shows that Gold is currently hovering around a bullish 100 Simple Moving Average (SMA), which maintains...
OANDA:XAUUSD Gold price reversed from the nine-week horizontal resistance and broke the two-week support line to convince the sellers. The downside in XAU/USD also takes cues from bearish signals from the Moving Average Convergence and Divergence (MACD) indicator and the descending Relative Strength Index (RSI), set at 14, which is not oversold. With this, Gold...
OANDA:XAUUSD Gold price (XAU/USD) remains at intraday lows as it wins a two-day bullish streak while justifying a strong US Dollar and China concerns. According to our Technical Confluence indicator, Gold price retreats from the top of the $1950 and $1970 trading range as market participants prepare for the first data/event scheduled for the week. This. On the...
OANDA:XAUUSD Gold prices (XAU/USD) fell after a less confident recovery in Friday's European session as the greenback steadied further amid a likely recovery in the US economy. The precious metal faced the brunt of the stellar performance of the US economy in the second quarter, strong demand for durable products and already tight labor market conditions. The...
OANDA:XAUUSD The 14-day relative strength index (RSI) heads north above the midline while the sloping 21 DMA is set to cross the 50 DMA to the upside, suggesting Bull Cross. Technical indicators still favor Gold buyers in the near term. On the downside, immediate support awaits at the intraday low of $1970, below which the 100 DMA of $1966 will come into play....
OANDA:XAUUSD Gold prices are seeing 'buying' trading early on Tuesday, after finding new buyers just above the critical support area of $1950. Gold buyers need to be accepted above the 100-day moving average (DMA) resistance turning support at $1,963 on a daily close to extend the recovery from six-day lows. The next upside hurdle aligns with the $1970 static...
SBCL: Shivalik Bimetal Controls Ltd Stock split on 12-Oct-22 This post is just an update for the Original chart idea published on 10-Aug-22 for Breakout (Linked in description) The earlier BO happened on 10-Aug-22, with Gap up at 485-490 levels i.e. 320-325 levels, Ex-split price From there it went all the way to 760 on 3-Oct-22 i.e. 506, Ex-split price. Now,...
👉Can U see those same reversal pattern? 👉Same reversal pattern has formed at the support zone. 👉Can have a buying opportunity,market indicating bullish reversal. 👉BHEL has good reports. 👀Keep an eye 👀 Overview ✔️ Volume✔️ Financials ✔️ Technicals ✔️ Fundamentals ✔️ 👆Follow for more alerts👆 😊Happy Trading 😊 Note:Patience is a key to success. ...
👉TTL is looking good for the swing trading. 👉Clearly crossed the channel and retested can buy for effective gains. 👉RSI is also indicating price strength and rebounce before 40. 👉Good opportunity for short term. 👀Keep an eye 👀 Overview ✔️ technicals✔️ financials ✔️ Volume ✔️ Fundamentals ✔️ 👆Follow for more alerts👆 😊Happy Trading 😊 Note:Patience is a key...
HAP was taking resistance around 808 level for 3 months and now the breakout ocurred and there is a retracement. if the stock closes above 850 level than it is better to go long. the target would be 960 and stop loss is 760 or 720 according to your risk.(swing only). HAPPY TRADING
Click on chart to view the reasons to take trade next week. #HappyTrading
THE STOCK GAVE A BREAK DOWN FROM THE TRIANGLE,LET THE RETEST HAPPEN AND WE ENTER BELOW THE SUPPORT ZONE. NOTE:JUST A VIEW,TRADE AT YOUR OWN RISK.
ALWAYS PUT YOUR STOPLOSS 1ST 1-STOCK IS NEAR WEEKLY BREAKOUT 2-GOOD CORRECTION AFTER GOLDENCROSS OVER 3-STOCK IS ABOVE 50&200 DMA SO TREND IS UP TREND 4-IF STOCK IS CROSS 490 WE WILL PUT OUR LONG POSITION WITH SL 475 THIS ANALYSIS FOR ONLY EDUCATIONAL PURPOSE -THANK YOU FOR YOUR TIME