Think Gold's retracement is over now and it is respect 50 EMA as well , IN Upcoming week we see Gold react Like this . If You Like the Idea Please HIT that LIKE button , If any Question comment bellow . Thanks .
DISCLAIMER : I AM NOT A SEBI RESITERED ADVISOR SO TRADE ON YOUR RISK
BUT I HAVE GOOD EXPERIENCE IN STOCK MATKET FROM LAST 17 YEAR SO I AM JUST SHARING MY EXPERIENCE WITH YOU ALL
INVESTMENT IN STOCK MARKET IS SUBJECT TO MARKET RISK
NG Positional Analysis
Ng fut CMP 171 Short for Target 165- 160- 155- 150- 145-140+
SL 181 ( Daily candle closing basis)
Daily Supply Zone + Looks Small RSI divergence - Harmonic Getting ready
Risk of 12500 rs
Price took support again from the trend line exactly. Look for break at 3200 levels. If you are an aggressive trader 3140 is the perfect level for a buy trade. If you missed this time lets wait for another chance.
Going long now is also good but still your stop loss will be big, but if you would have went for buy at 3140 then your stop will be very minimum.
. There is still a possibility of temporary retracement to suggested resistance line (1966.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. XAUUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a...
As per my analysis Crude oil is on Buy Trend correction ,So after correction buy at 3046 Stop loss level at 3014 Target Expected 3101 / 3148
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