Gold Dec Sell Bearish engulfing candle Sell at CMP- 47940 SL- 48170 Target- 47755, 47628 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Gearing up for a new 52 week high after a brief consolidation. The metal cycle has yet not ended and we are yet to witness a lot more ahead. In the chart, 20 EMA is heading up above the 50 EMA and the start for the new upcycle can start from 8th of November 2021.
Logic A Clear sign of breakout towards retracement All Levels Mentioned On Chart How to trade the setup? When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict T1 : is Target 1 T2 : is Target 2 When you achieve your first target, book profits of 50% and shift the stops to the cost The term Catastrophe...
we r at crucial point 30% chances of breakout and 70% chances of breakdown .
Silver can give a LRHR positional long trade if manages to close above mentioned levels Long trades can be initiated with SL of pattern low and today's day high of 24.06 as T1
confluence - RWH touched of previous week , and consolidated/distributed for like 1 week straight, mark down divergence in (4 hours TF and daily TF!!) , got a big stop hunt in us brinks - Thursday (second leg of the M) , a lot of 4 hours stopping volume coming at the top , broke this M pattern and touched the RDL (mean we have completed level 1 of this M pattern...
Gold refreshes weekly low, taking offers around $1,778 during early Wednesday. The yellow metal justifies a downside break of 100-SMA, suggesting further weakness towards a three-week-old support line near $1,775. However, 200-SMA acts as additional support around $1,770 to challenge bears before the Fed reveals the tapering surprise. Should the Fed matches or...
Copper Long Descending triangle breakout Buy at CMP- 743.1 SL- 737.4 Target- 751.2, 754.1 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Copper Long Descending triangle breakout Buy at CMP- 743.1 SL- 738.5 Target- 751.2, 754.1 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Gold Dec Sell Sell at CMP- 47660 SL- 47850 Target- 47440, 47345, 47238 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Silver Short Unable to break previous high Sell at CMP- 64340 SL- 64575 Target- 64050, 63725, 63300 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
From a technical perspective, repeated failures near the $1,810-12 resistance zone and the subsequent fall on Friday suggests that the recent positive move has run out of steam. This might have already set the stage for a slide towards testing the $1,762 support area. The corrective pullback from multi-week tops could further get extended towards October monthly...
Currently, silver has jumped back into the uptrend area. It has also broken the parallel channel in the last trading session. But, the buy is not confirmed yet. The uptrend can be resume if it remains above 0.618 of retracement level and 3/1 & 8/1. If that happens, then you can buy for the targets of 63900 - 65100 - 65960 - 68454. What happens if it's...
Silver Short Long term bullish trendline has broken Sell at CMP- 64429 SL- 64905 Target- 64102, 63725, 63300 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
So treating a bitcoin investment like venture capital or growth equity makes logical sense because it’s much younger than gold and needs to prove itself to be a worthy competitor over time. Consider the following thought experiment. What if bitcoin didn’t trade every second of every day? What if, instead, you could only exit your bitcoin investment five years...
Gold Dec Long Medium term trendline breakout Buy at CMP- 48105 SL- 47820 Target- 48300, 48485 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Gold extends the bounce off monthly support while picking up the bids near $1,801 during the early Thursday. In doing so, the yellow metal pokes a one-week-old descending resistance line inside a one-month-long rising channel bullish formation. Also keeping the gold buyers hopeful is the quote’s sustained trading beyond 200-SMA and firmer oscillators. Hence, the...