Metal
MTLUSDT (METAL) Daily tf Range Updated till 13-4-22MTLUSDT (METAL) Daily timeframe range. this is a decent alt with decent price action. it did faced some brutal p and d and trust me those telegram channel tried too but any pump from above its low or #sprint test is not a bad rep and its good food for position traders. same goes to drop from range tops. beside these it did been reasonable to its zones and provides some nice swing and intraday setups.
Metal (MTL) formed bullish Gartley for upto 17.5% moveHi dear patrons, hope you are well and welcome to the new update on Metal ( MTL ) token with Bitcoin pair.
Previously we had a nice trade of MTL:
Now on a 4-hr time frame, MTL has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
LONG ON GOLD XAU/USDGold fell today because of peace talks regarding the war but has since found its floor which was a previous major support zone and is starting to turn around.
Macd is showing upward movement with a potential golden cross.
RSI is also coming off the lower levels of the oversold state.
Here is the play I will be making on this pair:
P = 1921
SL = 1912 = $9 move 90 PIPS
TP 1 = 1948 = $27 move 270 PIPS
TP 2 = 1960 = $39 move 390 pips
XAUUSDI believe gold looks to start the week bearish before any further up moves.
Supported by this reversal idea head and shoulders and using FIB for targets. Adding to this Idea I have a bullish setup showing on USDXXX pairs which may help drive this trade.
I would be careful as this can be invalidated very easily due to everything going on with Russia, Pandemic & we have FOMC meeting this week where we will see how investors feel and I expect an unprecedented level of volatility which I will not be trading
XAUUSD ,Will the bulls continues its run on March beginning ?Gold against Dollar pair were dominated by bullish price action due to fundamental reasons, it touched the resistance at 1975 and comes back to 1889 down and formed a bearish pin bar in Weekly chart,
At March begins , price may retrace upwards 1915 zone and expected comes down near 1840 zone or if the price breaks down the support, it may goes down further
Analysis only for education purpose
Copper Futures : H1 Short (Price Action : LH + LL)Copper Futures HGU2021 H1 chart shows series of LOWER HIGHS + LOWER LOWS from July 26 2021. Contrarary to fundamentals (strike in copper mine would create shortage in supply, etc) the technical analysis shows there is a room for some more down side towards 4.285. The downtrend would end if the price trades above previous HIGHER HIGH.
Gold Price action holds the key at 1870 zoneFundamentals brought the XAUUSD price to 1900 last week as 4 weeks high, Even fundamentals support the bulls in this pair , technical indicates the price reaction at 1870 could be crucial for coming days, if it breaks the support at 1870 may go down another 30 points down else it will go higher to touch 1930 or more
Analysis only for education purpose
2/9/22 TECKTeck Resources Ltd. ( NYSE:TECK )
Sector: Non-Energy Minerals (Other Metals/Minerals)
Market Capitalization: 19.179B
Current Price: $35.95
Breakout price: $34.75 (hold above)
Buy Zone (Top/Bottom Range): $32.10-$29.85
Price Target: $38.20-$38.90 (2nd)
Estimated Duration to Target: 58-60d (2nd)
Contract of Interest: $TECK 5/20/22 40c
Trade price as of publish date: $1.88/contract