Gold is looking bullish with a support of bullish Head and shoulder pattern
Gold against Dollar takes a dig at the trader's investment by making strange and unpredictable moves, my tech analysis says that it could be scallop patterns in the cards , which could bring the bulls into the scene atleast till 1965 to 1990 zone
I believe gold looks to start the week bearish before any further up moves. Supported by this reversal idea head and shoulders and using FIB for targets. Adding to this Idea I have a bullish setup showing on USDXXX pairs which may help drive this trade. I would be careful as this can be invalidated very easily due to everything going on with Russia, Pandemic & we...
Watch how XAUUSD responds to price level 1974.38. There is a gap at 1974.38.
XAUUSD. Watch how price responds to the horizontal levels over the next few weeks.
Gold against Dollar pair were dominated by bullish price action due to fundamental reasons, it touched the resistance at 1975 and comes back to 1889 down and formed a bearish pin bar in Weekly chart, At March begins , price may retrace upwards 1915 zone and expected comes down near 1840 zone or if the price breaks down the support, it may goes down...
Copper Futures HGU2021 H1 chart shows series of LOWER HIGHS + LOWER LOWS from July 26 2021. Contrarary to fundamentals (strike in copper mine would create shortage in supply, etc) the technical analysis shows there is a room for some more down side towards 4.285. The downtrend would end if the price trades above previous HIGHER HIGH.
Fundamentals brought the XAUUSD price to 1900 last week as 4 weeks high, Even fundamentals support the bulls in this pair , technical indicates the price reaction at 1870 could be crucial for coming days, if it breaks the support at 1870 may go down another 30 points down else it will go higher to touch 1930 or more Analysis only for education purpose
After my Analysis there are a lot of bullish fundamental signs and some chart technical parameters too. So i measured the target of approx. 2100$+
XAUUSD pair was dominated by buyers last week , hope it will continue even in Resistance zone of 1870 to 1875 , price may reverse from this area if it reverse , it has a strong chance to come back of 1827 Analysis only for education purpose
Teck Resources Ltd. ( NYSE:TECK ) Sector: Non-Energy Minerals (Other Metals/Minerals) Market Capitalization: 19.179B Current Price: $35.95 Breakout price: $34.75 (hold above) Buy Zone (Top/Bottom Range): $32.10-$29.85 Price Target: $38.20-$38.90 (2nd) Estimated Duration to Target: 58-60d (2nd) Contract of Interest: $TECK 5/20/22 40c Trade price as of publish...
Watch for bullish price action such as a pin bar or engulfing candle from the 1814.69 support area. Key resistance comes in at 1828.49. Alternatively, a daily close below 1814.69 area could send the pair lower to 1796.74.
gold will melt to get some people crazy then will como back as the normal : )
FOMC, Gold possible movement after FOMC meeting, strengthen USD is the possibility , this may send Gold vs Dollar pair towards the south, purely technical analysis and only for education purpose, Dont trade with higher risk in Gold
XAUUSD Break Retest (Buy Limit Order Triggered at 1829.10) (Market Execution Order at 1833.73) Exit Trade at 1847.95
Watch for a retracement to the 23.414 price level.