Silver a good long term bet if it manages to cross the 74865 levels then T1 - 75380 T2 - 76200 with SL - 74500
According to this chart, gold is reversing downward after making an all-time new high of 56191 . Its support level is 53800 . You can take this level as a hurdle too. We may see a correction up to this after the breakdown of DR. This dynamic resistance will initiate buying pressure for a short period. We have chances to see 55600 (T1) to 56000+ (T2)...
Midterm forecast: 1939.45 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses to support(s) 2000.00, 1970.20 and minimum to Major Support (1939.45) is...
this chart showing that silver may open gap up and may go till its all time high one more time RRR is in chart
Nifty - Technical Analysis: Nifty had a gap-down opening on hourly charts and remained within a range throughout the day. On the 15-minute chart, most candles had long upper and lower shadows indicating the presence of uncertainty in the markets. 9-period SMA closed above the 12-period SMA on 15-minute charts indicating the small positive bias in the...
Gold looking for a strong bearish moment, quite a few of USD and CAD economic releases studded
1. Ascending triangle formation 2.wait for breakout & retracement 3.soon fly upside
Target of 3000$ exepected in the next couple of years.
Strong buying in GOLD since the last 24 hours. Go Long until target $2050. Sentiment broken at $2000 for GOLD. This brings us to GOLD at a all time high. Global economy looks bleak. Hedge away!
Copper has made a high of 509.25 and took U-turn. We may see at all-time high soon. S-RSI is a key to take an entry.
BUY HEG IT WILL SOON 900+ oncr break this resistance it will soonn 900+++
Silver looks to have reached the upper end of the current up move. A correction towards the market zone is the likely outcome. Overall, I see silver to touch 70000+ levels in the coming months. Now buying will be below 55000 keeping stop loss below 48000 for the target of 70000 +. High risks trader can use another spike towards 62500-63000 to short silver...
Silver is likely to find resistance around $24 and then see a mild correction towards $20. Then the bigger wave towards $27-28 will start.
GOLD has broken 2000$ barrier. GOLD IS on BULL RUN. Gold demand is increasing as a safe bet to ride out the pandemic.
Gold against US dollar contiunes its bull run this week and hope this month also,, expecting this obvious cross of 2000 USD this week..
Midterm forecast: 18.95 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 18.95 is broken. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 17.35 on 06/24/2020, so more gains to...