Prabhu.r

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Markets Allocation
100 % other
Top Mentioned Symbols
XAGUSD 66% | 2 USOIL 33% | 1
Prabhu.r Prabhu.r XAGUSD, 60,
XAGUSD: Short Buy XAG USD @16.75 target 17.08
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XAGUSD, 60
Short Buy XAG USD @16.75 target 17.08

This commodity has touched the Bullish Support Trendline @16.75 and will retrace upto 17.08 which is 61.8 Fibonacci retracement of the previous fall

Prabhu.r Prabhu.r XAGUSD, D,
XAGUSD: Sell silver once it touches the long term trend line @18.30
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XAGUSD, D
Sell silver once it touches the long term trend line @18.30

When we checked the silvers trend line, fibonacci and resistance. I found out that all these three musketeers are meeting for a chat at 18.30 level. Hence we go for a sell. Fibonacci reaching its 161.8% of its previous wave. A long term bearish channel which is crossing over 161.8% and also there is previous resistance at 18.30.

Prabhu.r Prabhu.r USOIL, 60, Short ,
USOIL: US Oil is a sell for now. It will reach 54.44
37 2 4
USOIL, 60 Short
US Oil is a sell for now. It will reach 54.44

US Oil has broken the huge bullish channel. Also it has broken the Fibonacci 161.8 levels. Well USOil is a commodity which will go as per the trend. If its bull its a cruel bull and if its a bear its a cruel bear. We got two massive powerful bear and bulls in USOil. They don't get dominated and they won't stop dominating.

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