fatannepse

fatannepse

As stated in the previous idea, Gold advanced to the zone of 1995-2010 zone. The target was achieved and accordingly the price fell down hard. Now for the short term, we can expect the price to advance again towards the zone of 1975-80 before falling towards the 1800 zone. The strategy for now will be to place the limit short order at 1975 with the stop loss at...

fatannepse

Oil is now headed to the $113-15 zone. We expected retracements as deep as $92 per barrel but price reluctantly rallied. But still it's going as planned. If mitigates the target zone and falls, we might see a good downfall. China easing lockdowns, Russia exclaiming that the peace talks is a dead end is signaling the increased demand and reduced supply. So, ...

fatannepse

The rising Global Inflation, Russia pegging Russian Gas and Oil with gold and the Global financial crisis might provide both the motive and strength for gold to kiss the zone of 2000 once again. Breaking it is highly unlikely, might as well mitigate the residual longs there and steeply fall for the lower levels. For now we are Bullish to the core with Gold. The...

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Gold is trying to mitigate the residual orders in the higher level first before heading downwards. Our pivot level was the zone of 1945. Since the price closed above our Pivot Zone, we can now expect a mitigated rejection at the zone of 1958-1960. Traders are suggested to adjust their bias as bullish for now. Investors and traders are spooked by the raging rates...

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The emergency oil release, amounting to 1 Million Barrels per day from May to end of the year has changed the short term fundamentals into Bearish. This might push the prices lower as low to $92. On the other hand, The release may deter producers, including the Organization of the Petroleum Exporting Countries (OPEC) and U.S. shale producers, from accelerating...

fatannepse

Increasing Inflation and Interest rates all around the globe is giving a green signal to gold to bump towards 1960-65 to mitigate the residual Orders left at that zone. Furthermore, the liquidity has been created on the upside. To talk about the trend here, we can assume it as a ranged. Supports: S1 1920 S2 1917 S3 1913 S4 1909 S5 1909 Resistance: R1 1924 R2...