A small further drop in DXY is possible however with the global circumstances and the chart pattern I am looking a upcoming big move in DXY on daily chart, and if DXY will move high then the rible pair will dump , today NFP data is there, and all major currencies pair are at there high and near to resistance area, so at this stage, avoide to make any long position...
Gold is showing some short of balancing right now and getting stabilisation, so now better to avoid selling in gold, if it want fall then it would fall in past week but now it is no longer in selling mode, even it is making a bullish continuous pattern and if gold will come again to 2305-2300 level then it would a best opportunity to sit in long position, this...
From year 1971 to 2024 GBPUSD is dropping on yearly basis, now it is under consolidation phase from last 5-6 years getting stabilisation in a range between 1.40 to 1.10 , during this stabilisation perion of time which may extend upto more than few more years, what I feel is GBPUSD may give a potential break out or break down if it breaks above 1.40 then a 50000...
GBPJPY is right now moving in an ascending triangle pattern which means there is still a lot more potential to move upside, and my long term target is 222 let see best buy zone is nearly 202.500 keeping and sl below 201.500
In my last analysis when BTCUSD was at 67k I told that it will come down, next target is 49k but that is risky now, wait for a dip to take a long position
Hope no body has taken a buy near 2368, as in my earlier analysis of today you can see how gold manipulated, with volume price is moving in the high side, now wait for gold to break 2385 then a long term short entry will be open.
A bigger correction is making picture in gold chart pattern, it is still not clear till now but what I feel is to avoid gold buying right now, a head and shoulder pattern formation is going to be creat in the chart pattern if it will create then it will be very dangerous and gold may fall to 2190 or below
ETH is showing a strong bullish reversal pattern that is morning star pattern, we can take a swing trade entry if today eth close above this level that is 3340 and leave it for a target of 4300 expacting by next one to two month
There is a possibility that gold after touching 2350 level will so a further correction till 2265 level, the best entry level to buy gold is 2265 but at this level I am not looking for a buy position, however if any daily candle close above 2360 then there is a possibility that gold will then continue upside movement
In bigger picture I am seeing BTCUSD to come upto 50k in coming days but it will take 2-3 month, however in short term my target is 60-61k
In bigger picture I am seeing BTCUSD to come upto 50k in coming days but it will take 2-3 month, however in short term my target is 60-61k
Gold has made a correction of 50% fabbonaci zone now it's time to bounce from this level, over market is bullish, can take a long time buy entry from 2289 to 2260 level for a target of 2500+
As index pullback is very big opportunity for investment, a great time is coming to buy US100 as tech market will bloom in future, with the fast development in AI sector it is biggining of a new era, I am definitely looking for this big opportunity to come now it is coming , with a 61.8% to 50% retracment zone I am going to put a big fund and hold my position till...
Multilevel confirmation suggest that a second leg down is coming in two three days
A per the daily downtrend gold has pulled back from 1884 to to 1921 it is expected a downfall from current level keep sl above 1931 for a intial target of 1822 and then 1800