Gold is in strong downtrend and can clearly see more big red candles than the green ones which suggests the price has tendency to go lower. We already had a Pullback at 1795.36 and the second Pullback might happen again which would make a double top at 1795.36, but if it doesn't happen we expect the price to go lower to at least 1743.16 Have a Profitable...
Technical analysis for Gold Double Bottom Strategy target decided by the previous candles
Midterm forecast: While the price is above the support 23.75, a resumption of the uptrend is expected. We make sure when the resistance at 28.75 breaks. If the support at 23.75 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The symmetrical triangle is taking shape. As a continuation pattern suggests, we will...
💲💲🌟 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 🌟💲💲 ✺ LOGIC ✺ ✣Yellow Trendline: OKOK resistance ✣Pink Trendline: Good Resistance ✣Red trendline: STRONG SUPPORT ✣Green trendline: Good support ✺Plan - Either Buy at such levels with a SL of 4% (low-risk high reward setup ) - Or wait to drop a bit more if it does than a good buy at red...
Go long on Tata Steel. POSITIONAL VIEW it broke the flag pole pattern on daily chart frame Buy Level - CMP Or 1141 perfect level SL- 1112 Target - 1175/1200/1220/1240
Bitcoin bleeding & going for its final leg down. Expecting any price action below the pink line to act as spring
As I said last weeks since March 21..after 4 months in which all my analyzes about GOLD were almost perfect, GOLD arrived in the 1920 area as I predicted 4 months ago ... it rejected until the 1970 area as can be seen from my analysis last week and the climb to 1920 started again! If he rejects again from that area ... I think there will be a massive descent on...
falling wedge shall ensure a conservative target of 214 in short term. a close above 153 needed for the upmove. trigger is close above 161
LEVEL AND TARGET WELL MENTIONED IN THE CHART NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success. (Do talk to your financial advisor before making any investment decisions) please like, share and comment if you have any suggestion regarding this analysis THANKS
Nifty Metal sector index has been in a parallel channel since 2020 March-April. On 29th April 2021, it broke out of the parallel channel, but retested the same levels by forming a cup and handle pattern. This cup and handle pattern also seems to be broken on 11th June 2021. Which signals bullishness in Nifty Metal stocks. Analyse Nifty Metal stocks individually...
In the monthly time frame, gold gives a clear pattern rounding bottom, which is a big bullish pattern for a far long target. It has given breakout and retested the breakout level. Now it is amazing to see the bullish move from here. We can also see the bullish move from 1800 or some below the level in the weekly time frame. If this happens we can expect the first...
SILVERMIC | Small flag opportunity for 1000 points (400 points risk) CMP : 71600 SL : 71200 Target : 72600 1:2+ risk reward setup
Gold is showing some reversal pattern for retesting 1840. As per the chart, we can see that gold was following a perfect uptrend and now its reversal shows that it will retest 1840 and go for the long target (day time frame). It took reversal by two very powerful chart reversal patterns named shooting star with confirmation & Bearish Engulfing pattern for...