Generally gold is bullish we are seeing a strong bearish divergence on 1H which will pull gold down till end of US session or by end of tomorrow. It has to come down to define a HL which will enables us to get benefit from it. and there is a strong possibility Dxy will reverse and will force to push gold down As gold is already too high and will correct itself....
Possibility: Price is into strong support zone 103.00 -103.911 so dollar will face two scenario First : if can price continue downtrend and can break and stable under 103.00 the direction will be downtrend and price will try to reach 101.976 , 101.252 and 100.406 so the commodities, pairs against Dollar and indices will go up Second : if can not stable under...
Let's see where market is going to break 1st. i avoid trading on Monday.
Market is overall bullish and performing in range from last two days. The upper resistance of 1788 must have to be broken to go long to test 1800 or the lower support of 1750 has to be broken to go short for next few days. Until market is uncertain I'll be out of trade. Bullish - Market is overall in Bullish run and over bought - Gold is trying to make a HL...
Bullish trend is strong. The price break the previous LH on 1D candle and market is strong bullish by start of November. market can go up and test 1800.00 price level but first it will retrace lower and correct it self. So here we can find a short opportunity. Plan B Buy Stop 1771.00 (Sell Zone) SL: 1785.00 TP1: 1758.00 TP2: 1752.00 TP3: 1740.00
DXY collapsed on CPI news and still heading to downward. But a short term correction is expected. So I think for next week before going further down it will test 107.200-107.300 zone and then move further down. Dxy will continue it's bearish trend and will hit 104.28 by Friday which is a very strong support zone. Further more Gold was bullish in last week and we...
Plan A Buy Stop 1713.00 (Buy Zone) SL: 1700.00 TP1: 1722.00 TP2: 1732.00 TP3: 1738.00
Sell Stop: 1648 (Buy Zone) SL: 1662 TP1: 1640.00 TP2: 1635.00 TP3: 1630.00 buy Stop: 1662 (Buy Zone) SL: 1642 TP1: 1670.00 TP2: 1675.00 TP3: 1682.00
Plan A Long Gold: 1620-22 (Buy Zone) SL: 1610 TP1: 1630.00 TP2: 1635.00 TP3: 1640.00
Market is below the resistance line 1658-1660, the down trend is so week and the chance of the price falling is 30%-50% and market can go up to 1645 then 1635, But if market manages to break resistance which looks like it will then the price index can break 1665 and 16670, the main target will be 1672 then 1680 Today's news will also affect the market so look...
As per this years behaviors NASDAQ 100 is bearish for 3 month and bullish for one month. NASDAQ performed so good in past two week and made a good recovery around 0.7% in just previous week. - It's previous week's candle shows break in bullish momentum and it also made two tops and two bottoms on 4H candle which is showing the defining pressure on index - As per...
Plan B Sell limit: 1640.00 SL: 1652.00 TP1: 1632.00 TP2: 1625.00 TP3: 1620.00 TP4: 1615.00 ---------------------------------------------------------------------------- - Overall bearish trend - Strong resistance 1648 (Only break of 1648 will cancel the bearish Scenario) - Gold is heading towards 1600 - Market can...
Plan B Sell limit: 1649.00 SL: 1660.00 TP1: 1638.00 TP2: 1632.00 TP3: 1625.00
Plan B Sell: 1665.00 SL: 1673.00 TP1: 1658.00 TP2: 1655.00 TP3: 1650.00 TP4: 1644.00 Bearish - Previous 4H Bullish candle is week - Overall bullish trend is week - Strong Support 1673 (Only break of 1673 will cancel the bearish Scenario) - Market is overall bearish and will test 1500.00 till mid November as per...
Plan A Long Gold: 1662.00 SL: 1656.00 TP1: 1670.00 TP2: 1675.00 TP3: 1684.00 Market is testing 1660.00 Support level. Only break of 1660.00-1658.00 Level can break the bullish trend.
Plan B Sell: 1643.00 SL: 1656.00 TP1: 1632.00 TP2: 1625.00 TP3: 1621.00
Plan A Gold is test to 1664 Support level Long Gold: 1666-1670 (Buy Zone) SL: 1662.00 TP1: 1678.00 TP2: 1684.00 TP3: 1690.00 TP4: 1699.00 Bullish - Market is overall in bearish run and over sold - Gold at HL level - 4H candle hit the moving average and can go up again - Gold test 1660 Support Level ====================================================== Plan...
Plan A Gold is trying to break 1660 Long Gold: 1662-1666 (Buy Zone) SL: 1660.00 TP1: 1670.00 TP2: 1682.00 TP3: 1690.00 Bullish - Market is overall in bearish run and over sold - Gold at HL level - 4H candle hit the moving average and can go up again - Gold test 1660 Support Level ====================================================== Plan B Sell Stop:...