Gold may test again higher level 55000-56000 soon can long near 52500-5200 range for said target.
What are these signals based on? Head and Shoulders Pattern Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Trading Setup: -There is a Trading Signal to Sell in Gold XAUUSD -Traders can open their Sell Trades NOW Rank : ⭐️ ⬇️ Sell now or Sell on 2007.9 ⭕️SL @ 2033.61 🔵TP1 @ 1937.9 🔵TP2 @...
Timeframe: 1 day chart XAUSD has created a corrective pattern W-X-Y (double three ) on the wave (4). Wave 4 is forming double three patterns, where gold has completed wave W. Wave X is a contracting triangle. Bears can enter after the breakout of the B-D line . Breakout of the B-D trendline shows that gold can fall very sharply. Sometimes, The market creates...
bear rally will come short gold with low risk & high reward call
Despite the recent pullback from a 19-month high, gold remains above a fortnight-long ascending support line to keep buyers hopeful. The bullish bias also gains support from an upward sloping RSI, not overbought. That said, the metal currently eyes 78.6% Fibonacci Expansion (FE) of late January-February moves, around $2,030. However, the metal’s further upside...
Important levels for the day in Silver Mini Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
Gold is done with H&S pattern target & facing resistance in completing rounding bottom pattern. On a weekly Chart , we can spot Shooting star.
Weekly liquidity has been taken . we can see structure change to the downside from the upside . im looking for short in the rex supply and demand box which is yet to be tested .
Silver pierced 61.8% Fibonacci retracement (Fibo.) of May-September 2021 downtrend to refresh seven-month high on Tuesday. Following that, an upward sloping trend line from September 2021 challenged the metal’s buyers but couldn’t hold the forte. Also acting as the key hurdle is the overbought RSI conditions suggesting a pullback. Given the quote’s sustained...
Directional Bias: Bullish Pattern Type: Continuation Pattern Description: This pattern occurs within the context of a longer uptrend and is characterized by the price forming a u-shaped cup with a short handle on the right. The duration of the cup should last at least 7 weeks if using a daily chart. Volume Description: Volume will typically follow the shape of the...
Analysis Points : - - 76 Weeks of Consolidation - VCP Formation - Near Trendline Breakout - Fibonacci Extension near to its Previous All time high (1st Target) - Daily chart outperforming Nifty by 3% in previous week this show relative outperformance of instrument vs Nifty. Note - This view is not for short term trading purpose this is rather positional...
on weekly chart Gold has given BO from triangle formation. expect more bulls moving forward
INVERTED HEAD AND SHOULDER BREAKOUT EXPECTED. TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
educational purpose only metal sector has been doing extremely well and National Alum has been outperforming. This is one chart which is bullish even in a bear market. The trend is buy on dips. there is a strong support at 118.75 level and the stop loss should be below the support.
MCX copper withing the channel and brokem imp support 845-840 with strong bearish candle below this 820--800 possible on downside... view is valid till it is below 845 views are for educational
Gold needs caution now. Commentary On Chart.p>Lease tighten your stops NOW.
structure seems bearish . touched the monthly high
From 1150 level back in August 2018, Gold rallied up to 2075 highs in August 2020. After that peak it corrected to 1860 in March 2021. 1860 became the short term bottom for the price as price found support there twice in March. Later in August and September price found support twice in the 1730 zone as marked on the chart. The bullish flag pattern would remain...