long term portfolio currently good for short term as well you should hve hold this kind of stock always in portfolio .
Gold consolidates for more than a year after a massive impulse move The next impulse wave could be a powerful move To understand the market structure, look at the chart. ----To protect your capital, please follow your risk management procedures-----
Midterm forecast: While the price is above the support 1762.98, resumption of uptrend is expected. We make sure when the resistance at 1874.88 breaks. If the support at 1762.98 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 1762.98 is broken. Technical analysis: The RSI support...
Keep an eye on Copper. It CAN be a wait of few more weeks, before it breaks out
Gold could Break On Either Side on Weekly Charts. Any side break could give $175-250 Move. With RSI above 50 and COT Index Bullish, i am having a slight upside bias. Lets see
Long consolidation, volumes with breakout. Plus, rally in copper & other commodities globally. Dollar Index weakening too. GREAT RISK REWARD
OANDA:XAUUSD has been trading in a very tight range over the past 2 day - which can be observed from the markings on my chart. The Day Highs and Day Lows of the past 2 days have actually been roughly the same. This makes the Previous Day High (PDH) and Previous Day Low (PDL) from today's perspective very good breakout levels - which I have marked on the...
Having reacted to ECB and BOE announcements, gold traders keep their eyes on the US monthly jobs report for January during early Friday. Given the latest negative surprise from the ADP Employment Change, today’s Nonfarm Payrolls (NFP) becomes the key for gold prices as the metal seesaws around the 200-DMA, near $1,806 by the press time, ahead of the release. That...
Vedanta is heading for a Breakout On Weekly Charts, Trading above 21ema. We are running out of time and space here. Already sitting at ATH.
Description : Silver is forming a beautiful triangle as lower supports are getting tested whereas upper resistance levels are getting lower as you can see with trendline zone. Support Area : Break of Support at 21-22$ downside will lead to immediate support at 19$. Although Support are has been tested several time it breaks might see free fall. Resistance...
EURCHF is about to touch the floor of 1.03016 in the coming days but for that, we have a point to trigger 1.03831 once it touches this sealing then we can aspect eurchf to fall down to our target
Silver prints corrective pullback around three-week low, bouncing off 78.6% Fibonacci retracement (Fibo.) of December 15 to January 20 upside. It’s worth noting, however, that the MACD remains bearish and the RSI is off the oversold territory while silver prices keep a downside break of a seven-week-old ascending trend line. As a result, XAGUSD bears remain...
gold will move upside for longer-term but here before price move upside price need a boost i mean liquidity so for price could move downside again before it rise up side 1810/1830/1840 important level even 1800/1785-80 keep eye on these level
MCG is on a roll and approaching SMA, SL 1773 at cmp tgt 1791 1809 and 1831
CMP 743 SL 741.50 TGT 749-752-755 Copper is taking support at 742 again and again. It is a bit risky call for short term traders. If it breaks 742 then it may fall to 738. So we are bullish if it stays above 742.
dxy is breakouted ( reverse possible or not) i think gold gonna drop more goodluck stoploss for shorting 1805-1816. first is one trendline , second one is shadow trendline
For educational purpose only study on ur own Trade as according to your RR
as per the movement we can predict EURUSD to go down till the 1.12362 but the confirmation we'll get after trigger the point of 1.12883 after that we can take a sell order .