Teika

Teika

3281 support next significant resistance 3350

Teika

Possible reversals 1296 and 1305 before target. Take profit 1312.55 Stop 1279 Entry 1291 or lower May want to place stop below 1279

Teika

This trade is alignew with the trend. Be aware of 1296 & 1305 as these are levels where we might see possible reversals.

Teika

Highly speculative.

Teika

In all likelihood the profit target may not be reached.

Teika

131.70 lower end of the most recent range (134.00-131.70). Successful navigation of the blue 200 and black 400 period moving averages required. Stop placed at most recent swing low.

Teika

After a strong pull back we have been operating within a trading range. We are making a bullish recovery that appears weak for now.

Teika

Despite being in a strong uptrend prices have not been able to continue upwards beyond 0.9024.

Teika

After a series of higher lows after an extended period at the market looks poised for more upside momentum. Caution must be exercised due to Brexit related news.

Teika

This is merely an update to the previous buy forecast from the publication previous to this. In summary: Entry: 1296 or below Stop : 1277 Take profit: 1309.55 Be aware that 1305 is a major level of redistance also be aware of 1295 also as it has proved to be a minor level of resistance. I would become even more confident if we see a daily close of 1298 or greater.

Teika

After putting in a doublend bottom(1263.00) after the sell off from 1357 .00 the gold market looks poised for more upside momentum. The risk reward is not great but I expect the outcome to be positime.

Teika

The market remains range bound between 134.45 and 131.40. We have recently seen a break down in prices on the daily chart and in doing so post a lower high. The risk reward may not be favourable in terms of multiples but I'm confident of the target.

Teika

Will the 40 MA provide the support and launch pad for another retest of 1.05. In the recent pass it has provided both support and resistance and so with the price appearing to use it as support based on bullish 1 hour close it is worth thinking about. On the other hand the sell off from 1.05 was strong and bears are likely to be ready to push the price down again...

Teika

Divergence on the daily time frame. Lower volatility due to holidays makes it difficult to weigh its relevance.

Teika Updated 

pRICE RET

Teika

Possible divergence gap fill below stop 53.90 Profit 52.59

Teika

1.24 - 1.2450 TP STOP 1.23