Gold traded in a tight range yesterday. The overall daily movement was pretty much like the day before - pulling back before the day's end.; the price climbed to the day-high 1660 in the early session and retraced back to the opening price of 1650 before the day's end. The S-T trend is still controlled by the S-T downtrend resistance (1.1) that was mentioned...
Gold had pullback before the day's end yesterday. The market opened at 1642 back from the weekend. The price has kept moving higher in the Asian and European sessions. It hit the day-high 1668 at the US session opening, then the price retraced. The day ended at 1650, up by USD8 after all. The downtrend on the 1-hour chart slowed down yesterday after the...
profit always in the risk take the risk or lose the chance
Personally, I see scenario 1 as more likely due to the downtrend With the decrease of the price slope and the decrease in the speed of the fall, we can imagine the horizontal movement of the price in these areas.
📉 XAUUSD - Bearish - We look to Sell a break of 1645 ▪ The primary trend remains bearish. ▪ Sentiment remains negative despite the pull-back higher in prices. ▪ Further downside is expected. ▪ A break of 1645 is needed to confirm follow-through negative momentum. Confidence: ⭐⭐⭐ ⛔ Stop: 1652 🎯 Target 1: 1635 🎯 Target 2: 1615
All the details are mentioned on the chart Till now market showing bullish bias -->There is just one more check box left -->If price can give a closing above previous high and if it can retrace min 0.5 -0.618 % then we can enter for a long position. -->No trade if price comes back without creating a higher high & View will be negated if it cross bellow 40200...
which level are you from 10 profit always in the risk take the risk or lose the chance.
Good Morning Everyone, -->Nifty continued to maintain higher levels and given a good closing -->As I said in Nifty short term view We have to change view once Nifty give closing above 17450 -->Strong Sgx gap up indication & there will be a short covering move possible to the upside. -->From the opening look for buying opportunities 5 min candle range breakout...
Good Morning everyone, Keeping SGX Nifty in mind (17070 levels) Lets say Nifty will have a gap down of approx. 100 points -->Nifty will try to open @ 17060-70 levels -->We will be almost opening near support zone. --> Unless it breakdown 17000 level on stays there for min 15 mins there shouldn't be any shorting . -->After opening, --> If market shows...
Globally metal sector rising nmdc also looking good Target 1 146 Target 2 163 I am not s3bi registered its a analysis With a stop loss of 122
Things to Remember: -->I am neither a Bull nor a Bear and I believe in the term "Correction" rather than "Crash". -->No one was correct/is correct or will be correct all the time. -->Particularly these wave analysis may go wrong at anytime that too with a novice like me high chance. -->With the same data / charts available there will be another analyst, he/she...
Silver future is near support level 56800-56600. As chart shows. It may give bounce from here 1000-1500 points
Good Morning Everyone, -->If we observe price action yesterday, in the second half Nifty started showing bullishness. Price has failed to break previous low and started going up till dynamic trend line. -->So everything together formed big double bottom. -->After seeing SGX Nifty yesterday at 16800 I thought today will be completely different day. But SGX Nifty...
for thpose who bare interested to buy gold needs to wait for channel breakout incase of breakout we can expect big bulish move untill breakout we in bearish trend
Setup Contains: 1. Stop Hunt (Sell Side Liquidity) 2. Multiple Structural Break 3. Bullish Institutional Order Flow Set 4. Returned To OrderBlock FOLLOW PAFX & TRADE LIKE BANKS 💸
A two-month-old previous resistance line defends gold buyers as they seek clarity ahead of the US Consumer Price Index (CPI) data. Also keeping the metal bulls hopeful is the 50-SMA’s piercing of the 200-SMA from below, known as the bull cross or golden cross. It’s worth noting, however, that the recovery remains elusive unless the bullion stays successfully...
Good Morning Everyone, If we observe the chart in 30 min time frame we can see a head&shoulder pattern followed by a beautiful breakdown and an excellent retest to😁. Retest is in the form of one of the triangular patterns. -->Look at the big red breakdown candles. So most people would have shorted CE's or bought PE's. -->If the price breakout of the pattern to...
Good Morning Everyone, If we observe the chart in 30 min time frame we can see a head&shoulder pattern followed by a beautiful breakdown and an excellent retest to😁. Retest is in the form of one of the triangular patterns. -->Look at the big red breakdown candles. So most people would have shorted CE's or bought PE's. -->If the price breakout of the pattern...