The formation of an inside candle resembles the future strong movement in daily trends. Can expect a downward movement of at least $10. This strategy works maximum in gold. Can refer to my earl y xauusd post-trading with the same strategy.
Disclaimer: I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your...
NMDC Clear Breakout of Major resistance. Breaking all its previous resistances with multiple support. From here all resistances will become supports so buy for 200 targets on next 2 weeks This is only for educational purpose, sharing setups only. Buy at your own decisions.
Despite marking a corrective pullback from a monthly low, gold prices remain below the key hurdles, namely an ascending trend line from August and a convergence of 50, 100 and 200 DMAs. The same joins downbeat RSI line and recently bearish MACD signals to keep gold sellers hopeful. That said, March’s high and April's low, around $1,756, seem to be at a hand’s...
Silver slowly moving up after consolidation. can see a strong move up !!
We have seen the downtrend in silver form June to September . In the month of October we saw a clear break out from the downward sloping trendline (T). Now ,the price may again come for the retest. So We have short entry for now in silver mini till point "D" (WHICH IS ALSO A 400 D EMA LINE RED) We can aim from POINT "A" TO "B" FIRST and then POINT "C" TO "D" ...
agar corona ki wajah se usa me kadhak lockdown lagta hai to usd girega aur gold 2074 ka high todh sakta he
Gold Silver Ratio is great indicator to find Risk on sentiments.
Silver Long Rising RSI Buy at CMP- 62380 SL- 62085 Target- 62928, 63385, 63708 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Their are more logics behind the technical trend followed by the JSW Steel, #drop in #petrol prices. #demand in metal sector #respecting trendline Movement Expected.
Despite bouncing off a four-week low, gold prices are vulnerable to further downside as sustained trading below the two-month-old support line, now resistance, joins the bearish cross-over of the 200-SMA to 50-DMA. That said, 78.6% Fibonacci retracement (Fibo.) of September-November upside, near $1,755, may restrict short-term declines of the yellow metal ahead of...
copper in hourly time frame made a big h&s paatern (red color) and at right hand of big H&S pattern made another small h&s pattern (blue color) sustaining below 725 may tgt 715-710 bigger H&s (Blue h&s) has 50--100 points tgt if neck line broken (yet not broken) smaller h&S (red color_ has tgt of 25---12 if neck line broken
1. Cup & Handle Pattern 2. Weekly closing Above 1910$ leads to Bull Run
Gold analysis as per Fibonacci is short side trade with SL above previous swing high
Comparing Dollar Index and Gold movement, we can understand that Dollar is expected to make 1 more leg Up to complete (5) in Blue so as to make ((C)) in black. Once it make that GOLD should make downward move and find support @ 1600 by that time Dollar would have completed Wave II in Red and will start pulling back to make Wave III in REd during this time GOLD...
Although oversold RSI joined 50% Fibonacci retracement (Fibo.) of September-November upside to challenge the silver bears during the early week, a sustained trading below the 200-SMA and a two-month-old support line hints at the commodity’s weakness. The failure to cross the previous support convergence, now resistance around $24.00, joins bearish MACD signals to...
#GC_F - trading in a triangle... patiently wait for breaking of pattern.. $1880--- $1670