A new support zone is created in USOIL for 15 min TF which is 72.000-71.800 and now its price fluctuating above support zone if we see good candlestick setup for uptrend then in the upcoming session's price should go to Resistance zone of 73.300-73.600 .
Price of gold closed at 2736.450 in the last session and now we're waiting for it to open because 2730 to 2725 is the good support zone and price closed near this zone, if price gives positive sign of uptrend from there then we can go for 2755 to 2760 level easily in the upcoming session after that if it breaks the barrier of resistance zone then we can easily see...
USOIL closed at 69.448 in the last session which is near to its support zone of 69.140 to 68.940 we've to watch for candlesticks patterns here because it price goes below support zone the we can easily see the 68.000 level of crude in the upcoming sessions but if price make upward momentum from here then we can get the price of 70.500-600 level in the next...
On Monday Earnings & Revenue report came out and it opens gap up above it's strong resistance level which is now good and strong support and now from last 3 sessions its trying to breach its other resistance zone of 1743.10 to 1748.15 in the last session it striked again to this zone but unable to break it and closes at 1736.20 s for the the upcoming sessions...
Gold has been in a good uptrend in every new session it makes new all time high so at this point i think we should wait for pullback and then enter to gain profit , 2716-2713 is the good support zone if price is rejected at this zone then we should go long , wait for candlestick pattern for better entry.
This level of support is strong if we get any REVERSAL PATTERN here then we should go long till Resistance zone simply target is of last session high but if it breaks this level of support and closes below then we can see the low level of 69.100 or 68.700 , wait for the candlestick pattern formation to get good trade.
XAUUSD is currently Resistance Level if it breaks this then we can see new all time high level, if it fails to do so we have to watch its price behaviour in minor support level.
Crude oil price is currently Strong Resistance zone and it seems it'll break this zone if it breaks the level then then we can see the surge to 71.200 level or more from the zone in todays session and change in trend with minor pullback but if it fails to breach this zone then we can see a short to 69.000 to 68.600 level and if this level doesn't sustain the...
price closed on last session is 1700.50 next minor resistance is 1708.20 if it breaks the level we can see the levels of atleast 1728-30 in todays session.
Crude touched 69.650 in last trading session an now it seems to go for uptrend on todays session (17-10-2024) it may touch the level of 72 to 72.200 if it crosses 71.400 in todays session but for this first it have to break the level of 70.900 currently its hovering near to this level , lets see how it goes....
Gold is currently in consolidation range which seems to be 2668.00 to 2677.100 if it breaks the level of 2677.100 then we can see the levels of 2685 which was the last high and if it hovers there then it will break the resistance level , if price comes to support zone of 2668 to 2666 then we have to wait for the price action confirmation.
Gold is currently hovering in no trade zone for today its good to look for levels of 2653.630 to go long and support zone of 2643.400 to go for short , wherever it goes according to this we will get enough points.
Crude faces heavy selling after breaking support as predicted in my last idea and same for the cuurent scenario again it comes to crucial level of support may be we can see minor pullback to zone of 72.300 to 600 and then selling of more than 2.5 to 3% ,let's see how its going to move today.
Gold opened gapdown this morning currently it's on point of swing ,may be it can pullback from here and we can see candlestick pattern from here but if it comes to support zone may be we can see upward momentum from there and we can easily make target for last high swing from there , but we've to carefully look for candlestick pattern from there to optimize our P/L.
Crude WTI currently on support zone and for the starting of session may be we can see pullback to resistance zone , it faces high rejection in last session and currently roaming on a zone of support , we can see a pull back to 74.800-900 range and if it breaks then it may goes to Resistance from here may be it can try to break resistance zone but if it lags in...