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Is it still possible to adjust to 2435 and 2450 beats per minuteAnalysis of the gold trend in the Europe - America session on August 22, 2024: The analysis from yesterday was completely accurate as gold has confirmed the current peak at 2531. The deep correction trend continues, albeit slowly, due to political situations and investor sentiment. Today, there will be news affecting USD and GOLD, leading to the possibility of establishing new peaks before further adjustments. The trading trend for today is SELL. Key price areas to watch: SELL zone: 2517 - 2523, 2525 - 2527, and 2538 - 2541. BUY zone: 2500 - 2503 and 2494 - 2497. Recommended orders: Plan 1: SELL XAUUSD zone 2517 - 2519 SL 2523 TP 2514 - 2505 - 2495 - 2450. Plan 2: SELL XAUUSD zone 2525 - 2527 SL 2531 TP 2520 - 2510 - 2500 - 2450. Plan 3: BUY XAUUSD zone 2500 - 2502 SL 2496 TP 2507 - 2515 - 2520.
OANDA:XAUUSDShort
by oakpotshy
TANLA: Bullish Momentum Resumes After ConsolidationTANLA has exhibited a robust upward movement, marked by a significant upside followed by a consolidation phase lasting a few days. The current price action suggests a renewed bullish momentum as the stock emerges from the consolidation zone. Key Points: 1.Strong Historical Performance: TANLA has a history of delivering strong upside moves, indicating its potential for substantial price appreciation. 2.Consolidation Breakout: After a brief consolidation period, TANLA is now breaking out of the consolidation zone. This breakout often signifies the resumption of an upward trend. 3.Volume Confirmation: The positive price movement is supported by a notable increase in trading volume on positive candlesticks. This volume confirmation enhances the reliability of the bullish signal. 4.Swing Trade Opportunity: Given the recent price action and volume trends, TANLA appears well-suited for a swing trade. Swing traders can capitalize on short to medium-term price fluctuations, aiming to profit from the anticipated upward movement. It's important for traders to conduct their own technical analysis, set appropriate stop-loss levels, and consider other relevant factors before entering any trade. This content should not be considered as investment advice. Trading involves risks, and past performance is not indicative of future results.
NSE:TANLALong
by TTS007