(W) Chrt Anlyss/Current Opportunity & Longterm View with 4$rule
Updated
(W) Chrt Anlyss/Current Opportunity & Longterm View with 4
RULE for New Comer's.
Aug 3rd week Price Rejection at 1808 from weekly low of 1681, where Bullish run was from 1681 to 1808 = 127$
Opportunity arise after bullish rejection with Bearish Trend For :-
1st Tp at 1729
2nd Tp at 1711
3rd Tp at 1690
With Hedge point at 1752
( Strong Major Support is maintained from 20April2020 to till date 19th Aug2022 .. Tp can continue but, its not recommended )
if Major support is broken then SELL entry will be taken from 1658 and Tp will be 1635, 1602 with ext 1589.
And if the price bounce back from Major Support area.. then BUY side will be strong from 1721 to 1762 resistance if these resistances
break it will be the first sign of Bullish continuation for 1812,1821 ext 1855 and Key level figures till 2063 which is expected.
Take note that My 1lot Hedge is at 1801 and it release will be mentioned ( As per my mood ) on the TV Gold forum Chat 😃😃😃
Till then stay tuned. Good Luck
These Analysis is done Based on Trends, Wave, Technical Fundamental & Beyond Technical analysis.
RULE for New Comer's.Aug 3rd week Price Rejection at 1808 from weekly low of 1681, where Bullish run was from 1681 to 1808 = 127$
Opportunity arise after bullish rejection with Bearish Trend For :-
1st Tp at 1729
2nd Tp at 1711
3rd Tp at 1690
With Hedge point at 1752
( Strong Major Support is maintained from 20April2020 to till date 19th Aug2022 .. Tp can continue but, its not recommended )
if Major support is broken then SELL entry will be taken from 1658 and Tp will be 1635, 1602 with ext 1589.
And if the price bounce back from Major Support area.. then BUY side will be strong from 1721 to 1762 resistance if these resistances
break it will be the first sign of Bullish continuation for 1812,1821 ext 1855 and Key level figures till 2063 which is expected.
Take note that My 1lot Hedge is at 1801 and it release will be mentioned ( As per my mood ) on the TV Gold forum Chat 😃😃😃
Till then stay tuned. Good Luck
These Analysis is done Based on Trends, Wave, Technical Fundamental & Beyond Technical analysis.
Note
Guy's Our 1st Tp1729, 2nd Tp1711 & 3rd Tp 1690 all hit well and as said above in chart, if Strong major support of 20 April 2020 is broken, then next tp will be 1635, note that our monthly range 1741 to 1633 which i mentioned always on TV chat forum is Tp 1633 and after that it went below 1726 area, which show's that Bear's are still strong, whereas, Bull's are trying their best to keep holding and pushing the price as much higher as they can with the help of fundamentals, this week or next October month my analysis say that again high volatility can be seen where the impulse on Bullish & Bearish side will be btwn 1855, 1875 ext 1896 to 1589 ext 1519 ( Current analysis is based on 30min, 4H, (D) (W) & (M) charts )Note
1726 to be read as 1626
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.