It broke strong resistance after few weeks sideways. Upside momentum is strong. Look for buy mostly based on 30m/15m bull flag pattern break.
Strong bullish candles are there in D and 4H timeframe. It has been made at strong support. also the price is at strong resistance now. So wait and watch. Based on strong confirmations by candlesticks at marked levels go for trade.
Look for sell unless it breaks recent resistance. Based on 30m/1H candle stick confirmation, you can take trade. Take entry at marked levels only if it gives drawn structure. If any doubts please follow and ask. I will reply ASAP.
Strong downtrend. But we can see strong buying pressure yesterday. So we can wait till it breaks resistance. Become buyer if it breaks resistance or be a seller. Go for trade at marked levels based on candle stick confirmation as well. If you need more info please follow and comment. I would reply as much faster
Strong downtrend Only go for sell. Look for sell entry at marked levels based on candle confirmations.
Gold is on sideways for few weeks. So we have to trade the range. So buy at support , sell at resistance. Mostly we can expect it to go up and break. We have to wait and watch. Go for trade only at marked area
Technical: 1. W - Strong uptrend. 2. D - Strong uptrend. There is rejection at resistance yesterday and closed below resistance. 3. 4H - Strong uptrend. Structure is very steep. 4. It is at all time high resistance. 5. It reached resistance with fundamental support also. Fundamental: 1. USD negative so far.. 2. Powell speech was not much impact. It helped to...
Technical: 1. Strong uptrend in all timeframes. 2. Strong momentum. 3. It is at resistance. 4. 1H - Consolidation and no momentum either side. 5. So far no confirmation to go any side in both 4H and 1H. Fundamental: 1. USD data very negative so far. 2. Powell gave few good words about US economy but that won't help to go down. 3. GBP - No economic data for...
Technical Analysis: 1. Even though some weird selling pressure was there last week, it is still in uptrend. 2. W - Uptrend and last week rejected resistance and closed below resistance. 3. D - Uptrend and given fake out and closed below resistance. 4. 4H - There was buying pressure at support. 5. 4H - Made double bottom at support and candle stick confirmations. ...
It may give a pullback to 1.28951 and go up. If it is not giving pullback, it may break 1.29946 and continue to go up. Do not expect to give pullback because of strong uptrend. If pullback / sell - These confirmation required to go for sell - double top, Candle confirmation and rejections - Trail SL. Based on economic data also we have to decide the bias.
Be a strong buyer until it reaches 2433.302. Observe what the market is doing at that level. If it breaks that resistance and sustain above that level, be a strong buyer. If there is a signal to go down, then be a seller with proper selling signals. Fundamentals may also support the market going up. If the market goes down, fundamentals may play a role in this move.
Still its uptrend and trend has not been changed. We can go to buy above 204.500 where we can see buying pressure. If Buy SL hits 2 times in the zone of 204.500 - 206.543, Do not go for trade after that in that zone. Based on every day situation bias can be changed If it breaks and sustains below 204.500 - After retest and candle confirmation , We can become a...