On 4hr chart we can see the rise has rised above 80 which is the oversold region.
Whereas there is an orderblock or the High Demand area of 21000-21500 which is working as resistance for now.
Retracement is required for futher move as it is going in one direction.
Retracement is expected till 18000-18500 levels which is supply zone or support for now.
As per the Fibonacci we can see that the Gold has reached its 1.618 levels of 1920 in 15 min time frame.
There is a supply Zone which has not been tested.
If Possible one can take trade at the supply zone.
Buy @ 1897-1898
Target - 1904/1909/1917
This is just an view no buy or sell trade is given.
Do trades at your own risk
BTC is facing resistance around 19000 and it has done way rally too. So there is a pullback required. So we can go for the short trade.
🎯Target 1- 1820
🎯Target 2 - 17620
🎯Target 3 - 17200
🎯Target 4 - 16800
🎯Target 5 - 16300
SL- As per your risk
Trade with the strict stoploss
GUJRAT GAS LIMITED
It looks like the price has given breakout and retested it's support of 503 successfully.
We may see an upward side in this stock in upcoming days.
SL - 503
TARGET - 541 / 579
THIS IS JUST A VIEW. YOU SHOULD DO YOUR OWN RESEARCH WHILE DOING INVESTMENT OR TRADING
In 4hrs timeframe it has formed double top kind of formation and the neckline has been broken. Now the neckline is being retested again and it is facing resistance there.
One can look for the short at this point for the TP1, TP2, TP3.
It has retracted to its Fibonnacci Level 0.5 (106.17) where it actes as a support and bounced back to its 0.382 (106.84) level which acted as resistance for now.
Further drop is expected to 0.618(105.5) level before another pull up towards 1.618 (112.5 ) LEVELS
THIS IS JUST A VIEW. DO YOUR OWN RESEARCH BEFORE DOING TRADE WITH PROPER RISK...