Gold is approaching significant structure resistance. Price is trading inside a rising parallel channel. Wait and sell the breakout of a flag. T1 - 1275 T2 - 1268 For special offers, please, check my signature!
Here comes if and than principle.We will only look to buy if it breaks specific area. & only look For Sell If it gives signs of weakness.
Gold is Showing Signs Of weakness Nowdays so We will be selling Gold.
Pattern: Fibonacci retracement. Signal: Bullish either now (1D support) or on the 0.382 Fibonacci. Target: 2.96000.
Hello Everyone, So, as per the previous posts, We are on the short side in Gold & now it important to watch that Will the gold give today's closing below $1304 or not. If below $1304 then $1285 will be the next stop. #stocks #trading #tradingstrategies #equities #technicalanalysis #markets #stockmarket #chart #bloomberg #chat #strategy #shares #lessons #traders...
Pattern: Channel Down on 4H. Signal: Bearish after making a Lower High. Target: 55.00 (previous Low).
So, Gold is now trading at important support level of $1322. Today if closes below $1322 then Yes, the prime situation has came for Bears. Utsav Babbar
Pattern: Channel Up on 1D. Signal: Bullish as last week the 1D Channel Up made its Higher Low. Target: 16.500 which is the technical Higher High based on the basis difference between HHs.
XAGUSD is testing its resistance where we expect to see a reversal. XAGUSD is testing its resistance 16.20 (horizontal swing high resistance, 61.8% Fibonacci retracement ,61.8% Fibonacci extension ) where a reversal to its support at 15.51 (61.8% Fibonacci retracement ,100% Fibonacci extension ) Stochastic (21,5,3) is also approaching resistance where we...
Long term horizontal support of 2.50 in action again. Natural gas catching momentum. Long trade is viable here to aim 10 sma and horizontal level of 2.70. Please feel free to leave comments and get in touch with us on: Twitter: bit.ly/2o9ItrA Youtube: bit.ly/2Nh8sbE Tradingview: bit.ly/2PCbed1 Happy Trading! Team Bitbloxx
Sugar dropped to a supply zone, expecting for a long term buy
Oil in long term down trend since October, tested and respected the trend line 4h inside bar and hanging man I would expect it to come to 52.2 area and make higher low if starting new trend if not come down to 50.7 area of strong support
I posted a chart on 10th MAY, WTI can potentially reach 76/78$ before it drops .. The long term target has been hit, More downside is really temporary for me right now. Worst case scenario is $48 but 51.5/52$ should hold strongly. I expect a massive upside upto $100/104 from here. Not maybe would agree to that but I would be loading up from 53/51/48. everytime it...
I'm eyeing up a long entry on coffee. I'll look at trading this through the 3CFL ETF. If the trade goes as envisaged and hits my wave 3 target, it could yield 100% profit thanks to the leveraged ETF. Disclaimer: This is not financial advice. Do not follow my trades. Do your own analysis, make your own trading plans. I am not an Elliot Wave analyst and only use...
Looking for Rejection in Bottom line of Channel. :)
XAGUSD, H4 and Daily By Andria Pichidi - November 12, 2018 Recent US data, such as last Friday's hot PPI numbers, and the Fed's policy guidance following last week's FOMC meeting, have fanned expectations for a resumption in Fed tightening at December's policy meeting, which has underpinned the US currency. The USDIndex has gained 0.5% in posting a 17-month high...
After a prolonged bearish sell down, this counter might be overdue for a rebound, which we might see this week. There is strong support at the $60 level, and prices have deviated very far from the 20-EMA, which is a sign of it being oversold. The overall trend is still bearish, and if it does rebound, I would expect the sellers to step back in at around $64 to...
URA Back in the buy zone and it will only be there for so long. Get it while you can.