Very clearly in a bullish territory... 1855 short term hurdle... Every Dip is a buy at the bullish level. refer the related idea below for september levels. Like... Share... Follow....
sell Gold CMP 47165 with SL of 47285 trgt 46750 1 Gold rises after US CPI misses analysts’ estimates 2 Treasury yields fall, allowing bullion to advance 3 Markets may have overreacted to inflation miss The 78.6% Fibonacci retracement level (1801.57) from the July/August move also gave way. The 1834.14 level is a major potential resistance level if bulls advance.
Gold keeps losses rolling for the second consecutive day, extending Tuesday’s U-turn from 200-DMA amid the initial European session on Thursday. While the descending RSI and bearish MACD favors sellers, a monthly rising support line near $1,785 challenges the commodity’s further downside. A clear break of the same will direct the quote towards the late-August...
triangular break out above 4.6275 can lead to 5.42 level in next 8-10 weeks
break out happened at 110.5 on mcb. then again retested the same & now shall move up for next target of 321
Very good breakout.... Enter at any pull back near the levels marked... LIke,, Share... Follow///
Target 1 : 35$ Target 2 : 42-43$ Good time in invest positionally in metals . Keep buying near support near for the given target. Trade duration : 6-10 months .
head & shoulder break out above 4.43 can take out new high this time
In a downtrend 4h timeframe clearly shows that price has liquidity void Its breaking structure downside
Gold has touched a low of 1783.8 and now reversed from the low. Currently being traded below Fibo Level 50. Looks bullish and one can Buy Gold at/above 1792.6 TP1 1796.5 TP2 1799 TP3 1802 with the SL 1788.
Last week we identified the head and shoulder pattern and we were anticipating XXXUSD shorts which played out well. We are still looking for further strength from USD. Looking for the completion of the right shoulder this week. Correlate this chart with the USD pairs and try and get and entry for the XXXUSD shorts. Goodluck and trade safe!
Gold against Dollar , could be a sideways trend this week, towards end of the week it may see a downtrend towards 1777 area, Note- analysis only for education purpose
SIlver 23.771 is a very bearish level.. Strategy : Sell on Rise... Levels defined Happy Trading... LIke.... Share.... Follow....
Currently near the top resistance of channel pattern. Good accumulation is seen an move above above 123 can give us good target of 8 - 10% Always Trade with sl Do your own analysis.
performance of nickel and copper with our custom made indicator for the week 6sept to 10th sept. do give us feedback
Gold is now in accumulation, don't buy for long term. wait for the break and retest of the accumulation box on either side. Buyers can hold.
Fundamental Analysis: The reason why you might find fundamental analysis interesting is that it offers help in determining the long-term trend. In other words, it suggests whether the price of an asset will go up or down in the long term. Because of that, fundamental analysis is crucial when you are deciding what to do with your long-term capital. Please note...
Copper broke a triangle pattern and is retracing now. u can buy above 718 closing after retracement for a target of 735 and SL at 708