Jushan

Jushan

Found support after almost $100 correction from the top-2070. Potential fall further down to 1950 if fails to stay above the trend line-1976. Otherwise continue higher to targets marked. Disclaimer: Not trading advice.

Jushan Updated 

Death Cross on D Bearish Engulfing on D Resistance 45K Expecting Retest 39K and break below to Target 35K >30K No Financial or Trading Advice

Jushan

Looking for shorting opportunity below 1797. Might move up to 1807 if maintained above1800 but still Bearish Biased till 1750's Disclaimer: This is not a trading or financial advice.

Jushan Updated 

1 Hr chart forming a nice upward channel which can be invalid once gold drops below the red trend line. If breaks below the green zone it will find the support on the blue Trend line between 1810-1817 and possibly then will make a move back up. If price goes above 1830 , 1837 is next. 1848 can be expected Disclaimer: Not a Financial/ Trading Advice

Jushan Updated 

RSI showing divergence on Daily again after recent brief weakness. As long as its above 1792 is still Bullish IMO. Upper targets in steps 1810,1817,1825 max. Expecting a reversal from then on. Disclaimer: Not a Financial / Trading Advice

Jushan

GOLD is consolidating inside the Bearish Pennant. Expecting to finish the wave count at around 1789/ 1792 and continue down to 1753/1755. Hoping to find a good support there, if not 1730-1740 area is next big support off the main Trend line. This is my view based on what I have observed as of current. All constructive comments are welcome. Disclaimer: This is...

Jushan

If we look at the longer time frame gold is forming a Inverse Head and Shoulder pattern with oversold RSI in mind we can say it may bounce upwards from here. It has to pass and maintain above 1835 to validate an uptrend from here. On the other side gold may fall further down to test the trend line A and hit 1729.35 before any solid moves up. The area is 50 %...

Jushan

Gold broke below the trend line and it looks very likely to hit 1855 to form double bottom. It should continue up from there to 1884, 1888 If it doesn't hold then the key lower supports to watch are 1845, 1837 Declaimer: Not A Financial Advice

Jushan

Levels to watch for Z1P : Current consolidation area inside the highlighted box (7.40 - 6.70). Recent bounce from 6.30 to 7.8 spike just below the 50% level from march '20 Low. It is unlikely looking at the chart and the price action that it will make higher moves anytime now. Looks short term Bearish. Possibly will touch 5.77- 6.00 area first before it makes...

Jushan Updated 

It could not hit expected 1929 target yesterday. Closed well below previous day close and is looking short term bearish. Expect to hit 1887 ..... 1867 and 1850 area if shows further weekness. If the price turns upward from here the target should be 1918 ....1929 and 1950 ( strong resistance) on strength. Personally I feel the price needs to cool off for a bit,...

Jushan Updated 

BTC has been consolidating since past 2 weeks inside a triangle. Possible break up to test the resistance 42k. It has to break above 42k level for any higher prices. If it breaks down from the cosolidation lower price can be expected lower prices to 34k, 30, 24k

Jushan

Since April High of 65k the price decended to 47k and was able to reach to 60k again in May from the low. Low volume and declining RSI and the downward channel working perfectly together aiming to test the 38k area. However, we have had a bounce from the 42k level as a support (January High) and has been holding for couple of days. On the daily, the RSI is getting...

Jushan

watch the key support lines

Jushan Updated 

price should hold 0.074 and up from there, if it fails to hold then we might see further down

Jushan

should touch down 1690-1700