metal index hindalco tata steel to me all three are looking positive for 6 months time period TaTa steel is looking good on daily and weekly time frame rsi is taking support from 40 levels on daily as well as weekly time frame however on monthly time the confirmation is yet to come but monthly confirmation will not at come these prices till we find monthly...
The price reacted drastically in its pursuit to cross 1950. After the positive economic data, it's retesting 1928, 1920. If the decline continues it might cross 1912-15 zone and drop to 1902 and further 1886 levels. The larger trend is Bullish. We should wait out for the price to react at our areas, reversal might take place. This retracement could be the part of...
GOLD FORMING 5-0 HARMONIC PATTERN AND GARTLEY ON DAILY CHART SELL BELOW 56467 ONLY TG 53600 CLOSING SL 57170 GOLD forming 5-o harmonic pattern on weekly chart .and gartley pattern completed on daily chart Sell below 56466 with closing stoploss of 57200 above target 55200-54400-53500
Gold is trading in this wedge pattern ,GDP data is due today ,on breakout of this wedge can clear the direction of gold for today.
Gold buyers appear to run out of steam as traders await the key advance US GDP for Q4 2022, following the five-week uptrend. A one-month-old rising wedge formation joins recently sluggish oscillators to tease the metal sellers. However, a clear downside break of the $1,917 support appears necessary to confirm the bearish chart pattern, which signals a theoretical...
Gold short setup considering dollar index trying to retest it's resistance area EP: 1933.17 SL: 1942.88 TP: 1923.89 RRR: 1
DISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex...
Gold from its lowes level getting trendline support Reach out such high where its created Resistance which is tested multiple time and failed to break still… If this time it will break and 1hr candle close above the resistance we can see such big up move….!!! KEEP AN EYE ON IT….!!!!!
69350-69450 Critical resistance level. IF Silvermic respect that level it will fall to 67400 for now and will face correction. And if it sustains above 69500, It will make a swing high of 73000.
So, Gold has given a massive runup since the last update in November. The chart seems to suggest that there is a falling wedge forming. For confluence, I have taken into consideration GC1! & 2020 high. If it goes below 2020 high, then it will further go down.
Weekly analysis for, DXY - It may see correction of 3rd of the 3rd wave Gold - It may give correction of the uptrend Bitcoin - Does the new rally begun? S&P500 - ABC Correction is unfolding. #dxy #gold #bitcoin #SNP500
On Weekly Basis: GOLD completed its correction from USD 2070 to 1615 in its 5 Wave Down. It took a support at 1642 on weekly charts. It breached a strong support at 1700 which was a false bear move and reversed the trend immediately. Fresh new Wave has just started. One can be cautiously optimistic and it provides a good choice to buy at current level with a...
Inc H&S seen on Zinc too.... Like aluminium, it ready to move up positionally
On Weekly Basis: Silver completed its correction from USD 12 to 29 in its Grand Wave. There is a support at 23.35 and 22.15 on weekly charts. Grand Correction Wave A, B and C is over in Silver which started in August 2021. B Wave got over in Feb'22 and C Wave got over in August,22. One can be cautiously optimistic and it provides a good choice to buy at 23 or...
copper how simple is this above range is just equal to down channel range we buy @ 620 on 28 september 2022 jo hona hota hai wo hota hai triangle and today triangle target hit with our final target.
With COt reports just turning bearish , looking for selling opportunities in Copper , in coming Weeks & Months.
#XAUUSD Seems to touch 1890 mark as Dxy is recovering from weekly low