Oil Still looks Bullish to me. But, I think it needs to get down to support before it's going further highs. Apparently, Hedge funds have decreased their long position in OIL in recent days. It doesn't straight mean it will fall and scenario changes to bearish. I would rather be a buyer for a longer-term target of 45$-49$ when it gets to some support which...
Apparently SILVER is finding its way for next run. Its quite looks like its formed an trangle and waiting for its break out. if it break below the trangle, on the support side 25 and 25.50 should provide sufficiend support. I wont surprize even if falls to 24.00USD. But, fall below it might signifies the end of current up trend in silver. If the trangle...
GOLD ( GOLD ) still looks like it's trying to go with the bullish run or at least test the previous high or near an all-time high before it changes the trend to bearish move. Apparently, GOLD ( GOLD ) is supported by the support zone near 1925USD . If GOLD ( GOLD ) successfully got support and move ahead into continuing with its bullish rally than , it could...
Gold ( GOLD ) has recently created new high near 2075.00. As it rallied a lot higher continuously from the past couple of weeks and also being in overbought condition ( Daily Timeframe RSI near 88 ), it needs to take some correction. In a view of optimistic in Gold ( GOLD ) it could even target near 2250.00 prices, despite the fact that in the main scenario...
OIL ( TVC:USOIL ) is now at a place where it could find the resistance and head higher. Apparently, it's time to start accumulating values. If OIL ( TVC:USOIL ) successfully finds support, its likely to head towards 44.00 - 44.50 in the short term. With the scenario of targeting 49.00 - 50.00 in the long term which could take time to get achieved as a long...
Crude about to take another bull probably to 44.00 - 44.50 in short term. If the bull will continue further we will must be headed to 44 and then eventually to near 45.00 for the long term. This is not investment advice. Trading in the financial market carries risks. We will not be liable if any of the loss occurs. Manage your trade by yourself as per your planning.
I could see the break of the recent minor trend line to touch the another major trend line as shown in chart. So, we could get benefit by taking short position. This analysis is not any part of liable or no one is liable of any ones investment if done as per this suggestion. Trading is related to market risks. Its great to state that mu previous gold analysis...
In FX_IDC:XAUUSD next 2 Upcoming opportunity can be seen if the recent strong resistance is broken. This analysis is not any part of liable or no one is liable of any ones investment if done as per this suggestion. Trading is related to market risks.
I could see one more probability to go long along with trailing stop loss condition if required. It feels good to inform that the previous idea about EURUSD worked great. Previous analysis is in he following link. This analysis is not any part of liable or no one is liable of any ones investment if done as per this suggestion.
There is the possibility of 3 Trade entry point along with exits. This analysis is not any part of liable or no one is liable of any ones investment if done as per this suggestion. Trading is related to market risks.
I could see the probability of making Ending Diagonal Pattern and at the completion of such pattern there is high probability pf starting of new down trend in EURUSD chart. Quite safe 3 Safe trading zone might be shown in Chart This analysis is not any part of liable or no one is liable of any ones investment if done as per this suggestion.
I could see the two future possibility of price movement in Crude Oil. This Analysis only in my point of view. Capital market investment is to be done at own risk. This analysis is not any part of liable or no one is liable of any ones investment if done as per this suggestion.
Gold price may get a little bit higher which may be temporary or permanent. Currently gold price in in one of the support zone and RSI at 1 hour chart is showing RSI divergence and in 2 Hour chart RSI is also in Sever over sold condition. So, due to these reason on next week the market may get higher price of GOLD which may be temporary also. This Analysis only...
As per the current swing chart we could see the the first resistant at around 1350.00 to 1360.00, after it bounced to upward from triple bottom formation.
All the previous target according to analysis's achieved. you can check out old analysis to know how previous analysis target was achieved. Prevoius analysis:- This is only from my point of view. Capital market investment is to be done at own risk. This analysis is not any part of liable or no one is liable of any ones investment if done as per this suggestion.
I am vary happy to see that my previous all target were successfully achieved. I could visualize the further increase in US OIL price in near future. I am glad that my previous ideas successfully worked. Chart attached was my previous Idea about US OIL
Achieved initial target as per previous analysis. And waiting for second target to get achieved. Still I could see the greater probability of forming flat corrective wave.