Gold against Dollar has made a fair recovery from the price level of 1804 after a Second week downfall on January 2021, still the short term resistance at 1870 may push the price down to 1815 or 1805 area this week , and it has a good chance of bounce back from the support zone 1810 to reach where it started on the first day of the week. ....
Analysis only for...
We can see an inverse head and shoulder pattern formed. The interesting part, it is consolidating near right shoulder which is a good sign for a breakout after a build up.
Simple things aren't so Simple
Cheers.
We can see the trend has exhausted and a head and shoulder pattern is formed.
The breakdown has already happened, but wait for a retest if the SL is out of your risk limits.
Cheers.
Pound against dollar looks to go 1.37 at the starting of the week , but expect to go down towards end since there is a resistance above 1.37500 area , down expect it may go 1.35900 this week....
NIFTY NEXT POSSIBLE MOVE AND TARGET IN WEEKLY. ANY ONE NEED PARTICULAR SCRIPT MOVEMENT AND TARGET REPLY IN COMMENT SECTION I WILL PROVIDE. I WILL PROVIDE ALL EQUITIES BOTH OPTIONS AND FUTURES, COMMODITIES AND FOREX.
