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what a move below your area, stay focused now. #GOLD... it was just amazing guys, market very well break your area and smoothly going towards his target and now almost hits our targeted zone, so now stay sharp here guys because market just reached at his next important zone around 22.70 to 80 , its market next very important zone actually guys because if there is any kind of buying pressure or ride is still here then that will start near around this zone, or if not then below that level next selling ride will start. don't float your positions negative, and manage your positions accordingly. trade wisely good luck
OANDA:XAGUSD
by AdilHussain731333
one and only area 1973, needs your focus actually.#GOLD... market just placed 1975 around low in yesterday and in today again placed near about yesterday low. tomorrow is FOMC day, full of fundamental day. before FOMC and dollar interest rate we have PPI AND CORE PPI on table. and technially we have on ly one area that is 1973 on downside and it will be your key level guys, any further move to downside will start below that area otherwise not. so keep close that area and dont be lazy here.. next selling ride will start below that area otherwise not. dont hold your buying positions below 1973. trade wisely good luck
FX:XAUUSD
by AdilHussain731333
trend line, need your focus actually. #GOLD.. market just trade above his trend line keep close it guys, because its market most important area, there is 2 things actually, in first go market hold his trend line you can see on chart and now again trade in same formation, this time its depends on data actuallay , if market again didnot hold it and data came with position numbgers then downside our first target will be 1973 if not then upside we have 1993 , 1996 and 2008 2010 trade wisely good luck
FX:XAUUSD
by AdilHussain731333
2
very very smooth holding falling line, keep close.#GOLD... what a holding your falling line, keep close, that is our perveious idea targeted line actually and market smoothly hold it. so for now we have same line as upside breakage so far market didnot a clear close above that, you can see everytime market break and close exect at line means its not cleared yet. and today is NFP day, so let see what will be done from marekt side and data side, technically we have same areas as you can see on chart its our final areas, downside we have 2028 and after that 2021 as major suporting area (also hold it in yesterday night before closing) and 2021 below next supporting area will be 2013 trade wisely good luck
FX:XAUUSD
by AdilHussain731333
2
max drop one day 200 points in history, whats next??#GOLD.. guys as we discussed before that gold in history one day drop is 200 points, and mostly after 200 pionts market always take retraced and bounced back, you can check history on weekly chart. and same like this time market behaved same, market open monday morning at 2070 75 and placed 2145 around high then market dropped streight and placed 2019 around in same day, the thing is that (from 2070 75 to 2145 its 75 points upside move) and then from 2145 to 2019 (its 125 points move) means its done 200 points move, then market retraced upto 2041 42 after that break his pervious day low (that is also 200 points drop low), well, according to this market pivot is now 2019 20 where market placed his 200 points drop, that is your key level now. if market didnot close above that level then we can imagine that market will drop again, any buying oppertunity will be valid above 2021 otherwise not. trade wisely good luck
FX:XAUUSD
by AdilHussain731333
2
repeat his pattern or not? whats next?#GOLD.. sofar market very well hold your area that was 2039 and did not closed again above that level, so if its market retraced then again buying expected form expecting supporting zone, that is multi time repeat by market on hour chart. you can see in hour chart. so if it is repeat again then again bounce expected from expected supporting zone other below support zone pattern will break then a straight selling expected otherwise not. trade wisely good luck
FX:XAUUSD
by AdilHussain731333
OPEN n JMMC is going on, lets see what will done, #USOIL.. in today we have a most important event on table that is OPEN (The Organization of Petroleum Exporting Countries) and JMMC (Joint Ministerial Monitoring Committee), its totally a fundamental move expected but on technical behalf we have upside important resistance area that is mentioned on chart, if market hold it then a drop expected, overall for the time being i have a news regarding oil cutt production, let c what will be done from market side, trade wisely good luck
TVC:USOIL
by AdilHussain731333
5