Midterm forecast: While the price is above the support 1762.05, resumption of uptrend is expected. We make sure when the resistance at 1902.60 breaks. If the support at 1762.05 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough...
mcx copper sell possible up to 580 560
Price trading inside a parallel channel pattern and today it is moving up strong despite yesterday's sell. One can expect the price to break the resistance this time to reach the top of the channel pattern.
With the market spiral full of talks over Gamestop-led fund diversion to silver weighing on risks, the white metal trims the previous day’s gains on Friday. The commodity rose the most since early December on Thursday while extending its bounce off 100-day SMA beyond 21-day SMA. The upside move also gained support from bullish MACD and upbeat RSI. Also supporting...
Om Namah Shivay Copper can move little higher and them come down. Looks the following structure is a correction and can be a flat or a Triangle. Structure will be clear later. Only for educational purpose and no trading suggestion. Om Namah Shivay
SILVER:- GO LONG AT CMP 66200 for target 75000 with STOPLOSS 63500 DCB #Disclaimer:-I just shared view for only educational purpose.
Despite battling with 200-HMA, gold stays inside a bullish chart formation on a key day. Also favoring the metal buyers is a one-week-old rising trend line and likely US dollar weakness due to the expected dovish comments from the US Federal Reserve. However, sustained trading beyond $1,855 becomes necessary for the bulls to target $1,875 and then head towards the...
Explained everything on the chart, still having doubts, just ping me for the best reply.
buy silver mini 66060 Stop loss 65660 Target 67400
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1856.5). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
hi guys, here my idea on gold in the short time, i am really expecting a new higher high, after that i will be selling evrytime price action let me sell. i think is a good ratio risk benefit and i will buy it.
Gold against Dollar or XAUUSD , After 6th of January , this pair seen slightly bearish and down at 1804 area, this area seems to be stronger support for Gold and brought more buyers into the cycle, can be a start to strong bullish move.. let see how the fundamental supports to go up.. It looks early even Feb looks fabulous for buyers.. This week it has a chance to...
GOLD - Parallel pattern formation at 4 hours time frame Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
gold once reach 1700 in gann line of 2/1 then looking for buy {in case huge market crash can be done then gold will up }
Similarities: - They went very very high relative to expectation too soon. Aug 11 was the peak for Gold. Jan 9 was the peak for BTC. - Shorts, esp the ones in odd hours, to liquidate a lot of positions at once - with an intension to move the market prices, kept coming, for Gold. What do you think?
GOLD - Descending channel formation at day chart Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Gold rises to the fresh high in two weeks following a stellar rise on Wednesday. In doing so, the yellow metal crosses 50% Fibonacci retracement of its November-January upside amid upbeat RSI and MACD conditions. Also favoring the bullion could be the market optimism backed by Joe Biden’s arrival in the White House as the 46th President of the US. Even so, 100-SMA...