MY CHART DISPLAYS all elliot wave conditions respected in gold futures monthly . Whatever may be the economic woo's this commodity(not safe heaven)will come down
Gold take support of 1630 $ ans RSI also taken @ 40 SO KEEP BUYING WITH SL BELOW1630
How to use our W5T Roller Coaster indicator with our Elliot Wave and BITS indicators. If you want to take some of the noise off your charts, the W5T Roller Coaster indicator helps find those breakout trades and 3rd wave of the Elliot Wave.
Disclaimer All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial...
looking at the chart and price action combining fundamentals together I see gold could almost reach near to life high ( no where i say it will make a life high) IN NEXT 1 AND HALF YEAR ( 18 months) time period
Channel coincides with previous pivots from 2012 and with 0.618 Fib also with oversold oscillators suggest its a top. So just short it with tight stop, R:R is nice. BTW I'm bullish on GOLD for coming years. A retracement to Movings averages is a DIP, so position yourself accordingly.
All those who think that this rally can't be sustained because of stronger dollar must think again. All fundamentals are against the world economic growth. Crudeoil shock is the only thing that can put check on stagnating global economy. Trade war is silently eating into world trade and economic growth. IRAN & US are making headline every alternate day or week....
Bearish Butterfly Harmonic Pattern in 1330-1335 Zone Downside Targets 1310/1300 Support Zone 1295-1300
Buy Gold at 1290 for a target of 1330 and 1350. SL at 1280
As per the previous updates on the blog & other social media that Gold will soon HIT $1285. Today trading at $1285, So further in this week. If closes below $1275 Then the further move will towards $1257 & $1244. So, For Bears Today is a Good day to book there shorts with $60 points & sit relax for a new entry. For Bulls they can put the stop loss of closing...
So as per my previous posts gold hit $1294 So now we are waiting for $1285. Further will update. Utsav Babbar
Gold Update: Hello Everyone, Gold is moving in the range as defined in the previous posts which you can see on my blog marketfightersequity.blogspot.in . So the bulls & bears all are silent now because of the monthly closing is on the way. If you are holding shorts then keep same stop loss of closing above $1372. For Bears, day closing below $1322 will be a...
Trading Strategy Plan A Plan to Buy in 1310-1312 Going Below 1310$ Plan B Plan to Buy in 1300-1303$ Note No Buying below 1300$