Gold next move 💥💥👇hello trader’s what do you think about Gold usd ) analysis ideas 💡??
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Gold usd …………………………….🧐
Analysis …………………………………🧐
Support levels………2068———🎚️
Support levels………2026———🎚️
Resistance levels ………2147
Trader’s follow support and )resistance levels 👍🏻💡)
Pales like 👍🏻 and comments)
Trdaingview
BANK NIFTY INTRADAY LEVELS FOR 01/08/2023BUY ABOVE - 45680
SL - 45600
TARGETS - 45800,45940,46100
SELL BELOW - 45600
SL - 45680
TARGETS - 45470,45290,45100
Previous Day High - 45680
Previous Day Low - 45360
If Bank Nifty breaks that trend line... We will see fast momentum into Downside
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
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HAPPY TRADING 👍
ADANIPOWER - ABCD PatternAdani power is sustaining 240-345 levels from the past few trading sessions, stock prices also look good on the daily and weekly timeframe.
Hance sustaining 340 levels, the stock could move towards 355 - 360 levels in the coming trading session.
Type of Trade: Swing Trade
Buy on the dip and build up on the way up.
CMP: 348
Buying zone 345-344
Stop loss below 340
Target : 355- 360
USOIL rises to highest since 2014, What's next !Hello everyone, as we all know the market action discounts everything :)
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Oil prices rose for a fifth day on Wednesday to their highest since 2014 amid global concerns about energy supply on signs of tightness in crude, natural gas, and coal markets.
WTI earlier rose to $79.47 a barrel this started from $73.62 5 days ago, almost an 8% increase in value.
Possible Scenarios for the market :
Scenario 1 :
The market is trading at 78.91 at the time of this post, Bears has been quiet for the last 5 days which leads us to believe that any time soon they will be ready to step in and drop the price, most likely they will have 2 goals for the next period of time. The first one will be the support line at 77.95 and the main goal for the week will be the 73.86 support zone.
Scenario 2 :
The bulls are trying to keep this upper momentum as much as they can but today's candle is red at the time of the post, Which shows the ongoing battle between the Bulls and Bears.
The Bulls will try to push the price above the first resistance located at the $80.00 level so they can set up a support base and from there they will try to push the market more in hope of reaching the $82.00 by the end of the week
Technical indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish sign)
2) The MACD is above the 0 line indicating that the market is in a Bullish state, With a positive crossover between the MACD line and the Signal line.
3) The ADX is at 22.20 showing that the market is trending with a positive crossover between the DI+ and DI-
Daily Support & Resistance points :
support Resistance
1) 77.95 1) 79.95
2) 76.78 2) 80.78
3) 75.95 3) 81.95
Fundamental point of view :
OPEC+ agreed to adhere to its July pact to boost output by 400,000 barrels per day (bpd) each month until at least April 2022, phasing out 5.8 million bpd of existing production cuts.
Late last month, the OPEC+ Joint Technical Committee (JTC) said it expected a 1.1 million bpd supply deficit this year, which could turn into a 1.4 million bpd surplus next year.
Oil prices have surged more than 50% this year, adding to inflationary pressures that crude-consuming nations such as the United States and India are concerned will derail recovery from the COVID-19 pandemic.
Despite pressure to ramp up output, OPEC+ was concerned that a fourth global wave of COVID-19 infections could hit the demand recovery, a source told Reuters a little before Monday's talks.
However, inventory data from the United States, the world's biggest oil consumer, showed some signs of slowing fuel demand.
The American Petroleum Institute reported U.S. oil inventories rose by 951,000 barrels in the week to Oct 1. According to Reuters
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
VirnetX Holding CorpI recommend investing in this, which is expected to rise this entire week, depending on our analysis
VirnetX Holding Corp : is a publicly traded Internet security software and technology company based in Zephyr Cove, Nevada. VirnetX has been described as being a patent troll, accused of marketing no actual products or services and instead earning its revenue through licensing patents and suing anyone that infringes them.The company has won intellectual property litigation against various technology companies.The firm is run by Kendall Larsen and his family.