Looks like finally Gold has started run toward 2000$ + , small hurdle at 1850& and if it sustains above it then 2000$ on cards... Let's wait and watch.
Metals to outperform from here on , if we see a break out of this base .
Gold revert from our target-1 level 1620 spot levels. It seems in good momentum, so it may test 51350 and 51750 soon on upper side. can long near 50930 with stop loss 50250
Setup contains: 1. Wyckoff Distribution Scheamatic 2. Bearish Break of Structure 3. Targeting IMBALANCE FOLLOW PAFX & TRADE LIKE BANKS 💸
Gold prices are so far up for the second consecutive week as traders await the key US inflation data. In addition to the CPI print, the metal’s further upside also hinges on a convergence of the 100-DMA and a two-month-old descending trend line, surrounding $1,716. A clear break of $1,716 could enable the bulls to aim for the 61.8% Fibonacci retracement level of...
read chart carefully and wait for best setup entry mx chance is that market go down bcz on the smc trading one order block is still unmetigetd
learn how to find order block and order flow umetigetd order flow are the best for sell or buy now wait for market come to order block
learn first then earn learn to understand smc trading this will hwlp more and improve your trading style and now i will provide videos to learn smc trading
GOLD and SILVER have been in a downtrend after a surge in Mar of this year which was a reaction to the Ukraine invasion. A lot of "GOLD is a safe haven " traders may have entered in post the invasion and have been stuck for over 6 months as the metal moved down over 21%. Of course the continuous downmove since then may have forced a lot of exits. We can now see...
1. important close above trendline 2. closed above 61 EMA 3. Higher low and Higher high confirmed As metals are moving up this will also add momentum to NALCO Use discretion!
NOTE:watch live streaming on "YTB" and also wait for confirmation no impulse entry in any trade
Gold is showing positive divergence on chart. so, it may bounce from here up to 1717-1727 level. It is also trading in downward parallel channel so correction also come from 1717-27 up to 1621,1560
lets see if we can secure this trade with at least 1:1 RR. SL of 50 points Candle close above 17840 will change every thing Until then its a good risk reward. I am posting this for Live testing purpose. Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or...
8th Nov 2022 - According to my analysis I am bullish on gold for short term as there is a CHoCH to the upside and also fib levels are matching with the strong demand zones on 4H timeframe
Carry forward Silver Short (07 Nov) RSI- 70 RSI divergence Sell at CMP- 60890 SL- 61275 Target- 60160, 59700 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
wait for unmetigeted order block and then go to lower time frame for confirmation and get entry after choch and bos
Nmdc has broke out of a cup pattern IMO according to the technical analysis theory the target should be around 156 and moreover it has broken out of a channel on 1d timeframe basis. *Only for educational Purposes, not a financial advice*
CHART:xauusd time frame: 1 month this is the reason why i am looking for sell only bcz the gold is still strong bearish move so plz avoid buy and find the bearish setup