Silver Weekly time Frame it has not broken the trend so my downside target would to 200 EMA
My overall view is still Bullish on gold Xau , but until that CPI report confirms softer inflation gold is going to hover into this downward consolidation which the institutions gonna pick up liquidity from as well as retail traders , we did stupendous profit this week next week we'll arrive with more precise ideas and profits happy weekend everyone!
Gold bears remain unconvinced as they retreat from the key support, despite pulling back the metal from a multi-month high the last month. While the downbeat RSI conditions challenge the latest bearish momentum, MACD seems to help XAUUSD sellers as they try to break the 11-week-old support line near $1,860. It should be observed that the 50-DMA level surrounding...
Hii This is my analysis on gold first i used green monthly trend line if it breaks market will go down . if comes toward the mean of the line or say pullback in uptrend is consider . and price touches red color resistance zone almost 6 times . if it breaks and retrace is consider as perfect breakout . so wait for breakout . and i use Hikanashi to show...
BULLISH TREND higher chance can be excepted, after sideway market. if 100 moving average and Fibonacci level breaks, better stay away from BULL side.
As per Elliott Wave Analysis , Big upside rally can possible in SILVER . On daily timeframe, waves 1,2,3 & 4 are completed. Wave 2 retraced more than 61.8% of wave 1 & shows Irregular Correction. Wave 4 retraced 38.2% of Wave 3 & shows Complex Correction ( Triple Zigzag Correction). Wave 3 is extended wave. Now, regular targets of 5th wave shall be $25.16,...
trade the money you are willing to lose happy safe trading risk management, great reward gold trade, good trade OANDA:XAUUSD
Silver prices corrected after prices rallied on the news that India raised total taxes on silver imports 15% and on silver dore to 14.35%, the government said in a statement on Wednesday, in an effort to align the duty structure of the metal with gold. - The euro dipped against the dollar on Thursday after the European Central Bank (ECB) hiked interest rates by a...
MCX:GOLD1! Gold Ascending Triangle pattern Analysis marked on chart. Trade with stoploss to avoid stoploss. Keep learning, Happy earning.
i was little bias about short position in silvermic. i took this trade downside 1:3 risk to reward
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...
Silver is in uptrend and budget helped price to continue it's trend
As predicted earlier gold is on a bullish run which had a deep correction down to 1910. Price continues to trade above 1920 which will act as a pivot point for the current trading setup. sAME RISK MANAGEMENT HAS TO APPLY IN THIS SETUO AS WE TARGET A BULLISG=H TREND TOWARDS 1950 and 2000 Q1
After pleasing buyers for six consecutive weeks, Gold prices are finally on the bear’s radar even after bouncing off $1,900 round figure the previus day. The rising wedge confirmation and bearish MACD signals do favor the metal sellers ahead of the key event. However, the downbeat RSI and a likely dovish rate hike challenge the downside bias. That said, a...
Looks like its time for 230/234 levels on aluminium... up-move that is part of a bigger Inv H&S breakout... Please refer to previous post for further details Also, similar setup seen in Zinc
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...
SIlver future chart showing trendline resistance at 69000. It can short here or on any rise and wait for target 68000 ,67330 and 64000 soon. major fall will come when it close below 68000.