Symmetrical Triangle BO formation: Forming from lows of March 2020 and latest last lowest lows of June 2022. Strong BO expected if price sustains above 450 levels for this week. R1: 502 R2: 529 R3: 617-633 Stop Loss: 401
Currently Price is at the Volume bubble and can burst in any side
Our Level Drawn as per Gann Fann and Gann Box working perfectly like Magnet and We are minting Money easily. Keep Go with the trend and Enjoy :) A boost for thanks :)
Metals to lead the Rally Buy Tata Steel @ 115 SL 85 Target : 175-250
Metal Sector looks good and to lead the rally Buy SAIL @90 SL 80 Target : 110-125 ++
expecting fall and target range 59150 - 58850 stop as per comfort disclaimer - trade @ own risk
Gold is in an uptrend and looks like it is pulling back to the support level, it could be a good entry point for riding the trend.
Copper is sitting at the support zone after a steep fall. Good chance that the mean reversion will lead to some rally and also the fact that we have the daily supports here will help that.
Gold Sell now down trend sideways breakout already. Target will be act as next support once reached.
Gold and Silver have both rallied strongly last week, they are now above the key resistance levels. Silver especially looks much better placed to rally compared to Gold. With the supports close by now there is a good chance that we see a good rally in the bullion.
World gold price on the first day of the week tended to decrease with spot gold down 1 USD compared to last week's closing level to 1,953.4 USD/ounce. Last week, the world gold had a 2nd consecutive week of gains when the published inflation reports reduced expectations of interest rate hikes by the US Federal Reserve (Fed). Kitco's recent survey results show...
Gold price reverses the previous week’s retreat from an eight-week-old descending resistance line, grinding higher past the 100-bar Exponential Moving Average (EMA). However, the nearly overbought RSI (14) suggests another pullback from the aforementioned immediate resistance line, near $1,962 at the latest. With this, the XAUUSD is likely to break the immediate...
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What a Fantastic Bull Run In Silver MCX. Looking Forward for Profit Booking Near 74000 Levels.. :)
Gold price rises to the highest level in a month after crossing a convergence of the 200-SMA and a six-week-old descending trend line, around $1,940 by the press time. The breakout joins bullish MACD signals to keep XAUUSD buyers hopeful. However, the overbought RSI (14) conditions suggest limited upside room, which in turn highlights a horizontal resistance area...
Silver break out upside with big volume with price action. target will be upper trend line & SL willbe just today candle low. Same as Gold.