Midterm forecast: While the price is above the support 22.15, resumption of uptrend is expected. We make sure when the resistance at 26.20 breaks. If the support at 22.15 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI resistance #1 at 56 is broken, so the probability of resumption of uptrend is...
GOLD HAS RETRACED TO THE 38.2% FIB LEVEL EXTENDING FROM THE MARCH LOW AND 61.8% FROM THE LOW OF JUNE AT 1679. NOW HAVING SPIKED TO THE 2075 HIGH BACK IN AUGUST, IT STEPPED INTO THE CORRECTIONAL PHASE. SEEING THE CURRENT CONDITION OF DXY AND WITH THE EXPECTATION OF FURTHER DOLLAR DESTRUCTION UN THE PRESIDENCY OF JOE BIDEN, XAU USD HAS PRINTED AN INVERSE HEAD AND...
GOLD HAS RETRACED TO THE 38.2% FIB LEVEL EXTENDING FROM THE MARCH LOW AND 61.8% FROM THE LOW OF JUNE AT 1679. NOW HAVING SPIKED TO THE 2075 HIGH BACK IN AUGUST, IT STEPPED INTO THE CORRECTIONAL PHASE. SEEING THE CURRENT CONDITION OF DXY AND WITH THE EXPECTATION OF FURTHER DOLLAR DESTRUCTION UN THE PRESIDENCY OF JOE BIDEN, XAU USD HAS PRINTED AN INVERSE HEAD AND...
Silver (INR) completed its wave X at the INR 58450 low and seems to be making its way up within the corrective channel to complete Wave Y. It is most likely headed to INR 66000 area ($26 XAGUSD). A subsequent correction to new lows is due before a long term upmove. Risk level for stops also mentioned on the chart
Silver has hit the indicated target range rather soon. There should be some cooloff and reversal to the midpoint of the channel now
Gold is about to touch ascending channels high, This is the place to lookout for sell for a fall or to buy again above breaking of ascending channel. Stay Alert. Will Update. All The Targets To The Previous Call In Gold Has Achieved.
Buy Silver at cmp 64080 Strict sl - 63199 Target - 66000/67000 Its a high risky trade, please consult your financial advisor before entering any trade.
Entry 25.26 Stoploss 25.08 Target 26.08
Gold has started rising from U.S. Presidential Election. I have said in the previous newsletters, bullion sector commodities are strongly bullish. How many of you bought Gold and Gold Guinea? MCX Gold Measured Moves I had written for the intraday traders that, " ...the day traders can follow the following targets: 51000 – 51360 – 51860+ And short-term...
Gold giving buying opportunity. Perfect trade setup Buy Gold At Cmp 51191 SL - Below 50800 Target - Your Choice
Gold has made a Doji in the weekly chart. It's a direct sign of a reversal. And wherein ADX is less than 25 but +DI above the -DI . Additionally, the 20 MA line is trying to stay downside. In short, DMI & MA is throwing a strong upward signal. Moreover, its volume is increasing. This week, we have chances to see gold prices above the 51860 ...
Mid-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1920.0). . 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 above the 21-Day WEMA which acts...
bitcoin is on a parabolic run, this is the kinda trend where you don't wanna guess the top, btc has a habit of exceeding expectations, on the 4hr it hasn't touched the green band in 35 days! & is up 40% since last time it did. Same enthusiasm can be seen on the 1min chart. Anything is possible.
I posted the same chart few days back, now gold has come back in channel resistance. Sell Gold At Cmp 51128 Strict SL - 51201 Target - Open
Midterm forecast: While the price is below the resistance 2075.05, beginning of downtrend is expected. We make sure when the support at 1790.00 breaks. If the resistance at 2075.05 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: While the RSI resistance #1 at 57 is not broken, the probability of price increase...
The downside break in prices is a possible opening for the re-entry on the downside. Watch for the risk level to hold. If prices do not re-enter back into the channel in the coming few hours, the downmove should sustain
Spot Gold Currently priced between $1874-75, perfect placement for retractment towards first till $1,887 and then further move towards $1,905 and further. Keep your stop just below $1,860/- any move below that will take it further down towards $1,835 and then $1,811.