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...
Trading Signal: A Trading Signal is seen in the XAUUSD Gold Traders can open their Sell Trades NOW ⬇️Sell on 1865.35 ⭕️SL @ 1874. 01 🔵TP1 @ 1851.61 🔵TP2 @ 1844.31 🔵TP3 @ 1828.5 If you liked our ideas, please support us with your likes 👍 and comments.
Looks good for a quick option. Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below If you like my...
USDCAD has taken a reversal from 1.20200 in the weekly time frame with two Doji candles with good confirmation but volume is not supported so we can look at the first target of it is 1.26500 which is at a 0.23% level of Fibonacci the one fundamental thing that is help it is the rising of the US Dollar Trade is not recommended Comment your views Thanks
BEARISH BREAK OUT OF GOLD TIME TO SELL. TAKE LONG POSITION AND EARN MORE.
The Decreasing Momentum and Rising Inflation. Gold is Expected to be Down Today. (June, 15, 2021) The Rising Inflation is the killer for Gold Price Action Momentum. This is the Reason of Depletion of Momentum. Traders are in Extremely Fear Sentiment. The Current Momentum is suitable for Scalp Traders. Currently t the Time of Writing Price Action...
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...
SILVERMIC | Again at Channel support lets try 900 points CMP : 71750 SL : 71300 SL : 72600 1:2+ risk reward setup
Look at the above weekly chart of MCX Copper. It has created an ascending channel pattern without breakout. This channel started in the previous year's April month. At present, it's falling after making a tail. But how much it can go down? Copper may fall more from here, and that can be up to 728 - 710.6 levels. But overall, it's on an uptrend. So, soon it will...
GOLD FINAL WORD: Buy Gold - Closing Price - 1877 $ SL - 1670 $ (Monthly Closing Basis) Target - 2800 $ (Time Frame - 2 Years) If SL Triggers Next Buying For Gold Will Be 1400-1450 $ SL - 1040 (Monthly Closing Basis) Target - 2000 $ / 2800 $
Midterm forecast: 1762.55 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 1762.55 is broken. Technical analysis: A peak is formed in daily chart at 1916.50 on 06/ 01 /2021, so more losses to support(s) 1875.15, 1848.50, 1828.25 and minimum to Major Support (1762.55)...
Based on the idea shared by Mr. Alok Jain of weekendinvesting Hence, the credit belongs to Mr. Alok entirely. However, I've made minor changes in the ranges. Please do shout out if you find out any errors in the plot. P.S. - can't post the youtube video links as per TV house rules.