In the trading market, being anxious cannot solve the problem.
But be prepared for a long time, don't rush for success, and don't be afraid of being a late bloomer.
Take your time and master the process, don’t rush the results.
Whether it is the trading market or other industries, it all requires a process, and it requires step by step and continuous...
For your Analysis and Study only
Range for positional Trade:- above 2042 we can target for 2439 to 2448
Range for Swing Trade:- - above 2042 we can target for 2259 to 2302
Range for Intraday :- above 2218 we can expect around 117 to 137 Max points movement below 2151 or 2166 we can expect around 71 to 92 Max points movement
Intraday detailed levels as...
The gold price has now reached the levels at which we expect the high of the orange-colored wave c and thus of the turquoise-colored wave B. We anticipate that the price will turn around and then sell off sharply. After all, we consider the current rise to be merely corrective in nature.
Levels recorded at 6:30 PM IST
Today watch for around 2393 and 2388 levels . this are important levels ..
if Sustain above 2393 then 2395 then 2397 then 2413 then 2418 to 2418 or 2419 above this more bullish then 2426 to 2429 then 2437 then 2441 to 2442
if Sustain Below 2388 then 2383 then 2379 then 2372 then 2369 then 2365 to 2364 below this more bearish...
I still am bearish on Gold for next few weeks.
Confirmations:
- Rising Wedge
- Bearish divergence
Entry - 4hr candle close below 2334
TP Range - 2270 - 2260
SL - 2351.2
Gold has pushed up since the original forcast a few weeks ago and likely to continue. As higher risk markets reach all time highs and look ready for short sales captial rotation may be the cause of accelerated moves to the upside.
Current Trading Plan:
Continue long hold for higher targets inprevious forcast below but locally target an accelerated move that will...
Note :- this levels are for Gold COMEX Future , the regular trading hours starts at 7:00 PM IST.
Levels recorded at 6:20 PM IST
Today around 2352 is important level, watch for reversal or breakout.
if Sustain above 2352 then 2365 then 2372 then 2376 Strong level above this more bullish then 2391 then 2395 to 2397 then 2401
if Sustain Below 2349...
On a quarterly close basis (reduce noise), #Gold had a WORST drawdown in 2004 than it did in the Great Financial Crisis of 2008!
It actually ONLY closed 5% lower in Q3 2008, having registered POSITIVE quarters before and after that one.
Let that sink in...
the buig guys uyp top wiolll have areason to crash the market thats legit while tyrying to cover their theiving asses, addd homeless as a topic on googlw trends REPORT is california audit from the 9th, 10 billion spent with no paperwork lol okey dokey, heres your cells a33holes..
Huge participation at Rs. 51,000 zone.
I remember back in 2022 I suggested many people to go LONG in #GOLD around Rs. 51,000 zone only.
+50% returns in 790 days, much lesser yet good as its a top asset class.
MCX:GOLDM1!
🚨 🚨 🚨
#Gold is forming a Bearish Engulfing on the daily charts.
Volume is almost there for a confirmation of the pattern.
Money Flow is low.
Overbought.
Weekly we see Gold forming a doji = battle bulls & bears.
#Silver is at a major resistance.
This should be an interesting week...
AMEX:GLD AMEX:GDX AMEX:GDXJ AMEX:SLV
Levels recorded at 6:40 PM IST
As per my analysis around 2372 is an important level.
if Sustain above 2372 then 2379 then 2383 then 2395 to 2396 or above this bullish then 2419 to 2421
if Sustain Below 2372 then 2365 then 2349 to 2348 or 2346 then 2339 below this more bearish then 2333 to 2332 then 2325 to 2324
Consider some buffer points in above...
The commodities space is thriving thanks to the positive influence of geopolitics, central bank buying, a surge in manufacturing, and a robust economy. These factors have ignited a widespread rally in the precious metals space, painting a promising picture for investors and traders.
Today, we are eagerly awaiting the release of the March CPI print, a crucial...
4.10.24 In this video I thought I would go through the process of deciding if there was a trade or not on the dxy... I would lean towards this market going lower and I explain why even though I would not take a trade on the dollar because it's too contracted and isn't worth the effort because I'd rather trade more volatile markets such as the metals or oil...
