A sustained move over $1851.40 will indicate the presence of buyers. The first minor target is $1863.50. Overtaking this level could trigger a further rally into the November 16 main top at $1882.50, followed by a long-term 50% level at $1899.80.
Hi everyone, India50 oanda is trading near it`s resistance 17,670 if breaks level can go upto 17,800 & 17,900 (target identified from harmonic xabcd pattern level 1.618) market structure has changed in hourly chart if sustains above 17,670 can see gap up opening in nifty50 index still index need to breaks 17,900 to change it`s major uptrend. OANDA:IN50USD
Hi everyone, IN50USD analysis on 1D chart in previously we`ve seen index breaks it`s daily support 17,650 & bounced from 16,640 (level indentified from harmonic xabcd pattern level 1.618) to test it`s resisitance 17,650 now chances are too break it`s daily support 16,640 & can go upto 16,200 (level identified from harmonic abcd pattern level 1.618) index can take...
REASON FOR GOLD BUY CALL OANDA:XAUUSD
1) MULTIPLE TIMES RETESTED AND REVERSED THE TRENDLINE OF 4 HOUR TIME FRAME
2)TRIANGLE FORMATION AND TRADING AT TRIANGLE BOTTOM
3) REVERSAL CANDLE STICK CONFIRMATION