Natural Gas: Bearish Confirmation with 220 and 100 EMA Current Price: 221 Target 1: 217.5 Target 2: 215 Stop-Loss: 222 Detailed Analysis: Bearish Confirmation: Natural gas is currently exhibiting strong bearish signals based on the provided criteria: Price Below 220 : The current price of 221 is below the 220 level, indicating potential selling pressure...
Crude Oil Technical Analysis: Bearish Order Block in Control Chart Pattern: Bearish Order Block (OB) Current Price: 6710 Downside Target: 6565 Stop-Loss: 6730 When Crude Oil attempts to break above this bearish OB, the price tends to fall back again. Additional Considerations: Increased selling volume within the bearish OB would strengthen the bearish...
Silver Technical Analysis: Bullish Cup and Handle Pattern Current Price: 94500 Breakout above 94500- 94600 Target: 95,550 - 96,100 Analysis: Silver appears to be forming a bullish cup and handle chart pattern. This pattern suggests a potential upside breakout if the price decisively breaks above the rim of the cup. A breakout above the 94500- 94600 zone would...
#Gold Technical Analysis: Bullish Potential with Target of 72,420 Analysis: Gold moving upside with potential target of +520 points from the current price of 71,900, Target zone 72,420 Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any...
Crude Oil Technical Analysis: Breakdown from Rising Wedge Pattern Current Price: 6560 Target: 6540-6520 Analysis: Crude oil has potentially broken down from a rising wedge chart pattern. This pattern suggests a trend reversal, with a potential decline in price if the breakdown is confirmed. A stop-loss order can be placed above the broken support level to...
Chart Pattern: Bullish Cup and Handle (Forming) Upside Potential: Target 1: Above 73,000 (Long-term bullish potential if the cup and handle pattern breaks upwards decisively) Downside Risk: Support 1: 90,600 Key support level) Target 2: 87,750 (If price breaks below support 1 and invalidates the cup and handle formation) Analysis: #Silver is currently...
(Crude Oil Futures) encountering support at 6540 on the 1-hour timeframe. Potential next resistance level at 6484 if price breaks below current support. Target 1 - 6480 Target 2 - 6460
Natural Gas: Key Levels to Watch Important levels for Natural Gas: Bearish below $200: This suggests a potential downward trend if the price falls below $200. Invalid above $204.5: Prices exceeding $204.5 might be considered outliers or unreliable due to potential reasons like insufficient data or technical glitches.
#Silver Intraday Analysis - Bullish Ascending Triangle Current Price: Above 87460 Target: Level 1: 87650 Level 2: 87800 Level 3: 88000 Chart Pattern: Ascending Triangle (Bullish Continuation) Rationale: Silver is trading above 87460 within an ascending triangle pattern. This pattern typically indicates a continuation of the uptrend. A breakout above the...
Technical Analysis - Potential Cup and Handle Formation Timeframe: 1 Hour Pattern: Cup and Handle (developing) Buy Zone: 72400 - 72500 Target Zones: 72800, 73000, 73200 Rationale: The chart appears to be forming a cup and handle pattern. The cup is a U-shaped price movement that indicates a period of consolidation after a price increase. The handle is a...
Strong resistance level observed, lacking buying momentum for breakthrough. Expect price movement in either direction, prepare entry orders accordingly. Crude faces resistance at 6677, with a projected downside of 70 points.
✔️Price trapped in a tight squeeze (145.8 - 150.6) - BIG breakout COMING! 📈 Bulls or bears, this one's about to EXPLODE! Long target: 155- 160 Stoploss: 148
📉 #Silver finds support at 79400, but watch out! 🔸If it dips below 79250, brace for a potential plunge of 300-900 points. 📈 Bullish zone at 80700. 🕓Timeframe: 1 Hour Good above 80700 Target1: 82000 Target2: 83100 Bearish below 79250 Target1:78900 Target2: 78400
#Gold Update | April 2024 Timeframe: 4-hour Gold found support at 71220 and rebounded similarly to the previous week's low. Bullish sentiment prevails above 71630, while a bearish trend is anticipated below 71220. Stay tuned for a potential breakout.
Timeframe: 4 hour Check the below trade Above 2381 Target 2432 Stoploss 2361 Front Month Comex Gold for April delivery gained $10.60 per troy ounce, or 0.45%(rounded) to $2382.30 today
Timeframe: 4-hour ⏰ A simple story unfolds as silver crafts a triangle pattern. Keep your eyes peeled for an exciting breakthrough above 84000, hinting at potential fireworks ahead! 🚀 More than 2600 points ahead. DO YOU AGREE WITH THIS IDEA? GIVE IT THUMBS UP
Timeframe: 4-hour ⏰ 🔍 Observing an intriguing D cup pattern emerging in crude oil. The alluring support beckons at 6726. Exciting times ahead! 💃🕺 Selling point at 6860 Target would be 6700 - 6680 (+150 -- +170 points)
Timeframe: 4-hour Entry: Favorable above 149 Targets: 155.5, 162 Stop Loss: 145 Technical Analysis: Natural Gas Storage data is pivotal for price movements, reflecting the market's supply-demand equilibrium. Elevated storage builds may exert bearish pressure, while lower builds or draws could drive prices upward.