GOLD entering a long term supply zone crossing it could wreak havoc in global equities
Weekly charts taking support from long term rising Trendline creating inverted bullish H&S pattern with positive divergence in RSI Daily charts suggests incremental volumes at right shoulder breakout above black line CB gives good Risk Reward upside
Had been in a long consolidation range first time Trendline breakout on weekly basis with positive divergence on RSI looks to reclaim ATH
Hindunilver forming a rarely found diamond pattern which has a 5% failure rate. Breakdown of diamond pattern. Also breakdown of symmetrical traingle pattern coincides with the same RSI showing negative divergence Target 2100 Stop loss 2680 CMP 2515 R:R -1:4