Silver moving in a flag pattern, in on the lower point of the channel. If the channel is broken on the downside, a slide upto 16.82 can be expected. It has been correcting for some time, there is a possibility that after all the news flow, the short positions will start to unwind and push the prices higher. Since my ideas can be seen in India only, by the time...
Gold is forming an inverted head and shoulder whose neckline is in confluence with very crucial resistance line. Trade plan I will long gold with 1500 as first target and then from their will wait to see the reaction at resistance zone to open new position. Do join my telegram channel to get free updates.
Gold has faced resistance and is falling towards the immediate support zone.
works with 1 second chart to monthly chart without any issue, no repaint at all.
works with 1 second chart to monthly chart without any issue, no repaint at all.
Gold posted a handsome recovery, not only broke a price channel on the upside but also breached another important range 1483-1511, where it has spend several weeks in recent past. It did spend some time above 1483, and corrected a little towards the closing. 1483 is a strong resistance, if and once it is breached too, it will start acting as a resistance. ...
win most trades with trading armour. works with all markets and all time frames.
Buy Silver at CMP (17.85+) T1: 21.35 T2: 23.40 T3: 26.00 SL: 16.99
Gold has given been in bear's grip since Wednesday (25-09-19), it formed a Doji on daily chart yesterday (26-09-19) and resumed the fall today. It has come out of a medium term channel on 25th, 1483-89 is the range it managed to form a bottom from when it corrected a few days back. It may break this support this time, 1440-1460 is the next target on the down...
Silver has been correctly sharply for past 3 days, at the moment (17.46) it is at a make or break level. If it slides further, it may touch 16.8 followed by 16.2 levels. Technical indicators are showing weakness at this stage (27-09-19). Traders taking short positions must exercise caution and keep monitoring charts for trend reversal. 18.04 on the upside...
Silver was seen attempting to re-enter the trend lines channel, after a few days of consilidation. It did respected the doji that was formed day before yesterday. RSI 21 also appears to honor support of 50 as it as reversed from there several times. CCI indicator too is indicating a reversal from lower band of range (-70 to -80). Chances of an...
Gold has retraced in a corrective upwave and provides a good short trade setup as depicted.
Gold has broken up from the wedge and now moving up for the immediate C or 3 up wave.
looking at the chart and price action combining fundamentals together I see gold could almost reach near to life high ( no where i say it will make a life high) IN NEXT 1 AND HALF YEAR ( 18 months) time period