Shourov_kk

Shourov_kk

Coronavirus keeps fueling the yellow metal… Price will possibly go as higher as $1800 to $2000 by this year due to global economic slowdown and geopolitical issues. {Price moving to direction that was predicted in September 2019}

Shourov_kk

Great British Pound is currently trading around 1.2880 , which is our buy zone, will possibly retest november 2019 low before continue going upward.

Shourov_kk

Buyers look towards September month high, sellers await the break of short-term support line for fresh entry. Overbought RSI conditions favor the Bears’ entry. While September month top, near $63.15, seems to be on the Bulls’ radar, May 20 low near $62.60 can act as an intermediate halt during the black gold’s further rise. However, overbought conditions of...

Shourov_kk

The buyers need a successful breakout above the 1480/85 resistance zone. If this happens, the next main resistance is likely the 1515 level. On the flip side, if the bears fade the current resistance zone, the market could drop to 1465 and potentially to the 1455/50 and 1430 next nearest support zone. At the time of writing, gold is trading at $1475.36 having...

Shourov_kk

GC 50 pips profits with 10 pips stop loss. Risk Ratio: 1:5

Shourov_kk

USD/CHF is currently trading a key weekly level around 0.98400 - 0.98700 zones. This weekly support { purple line } has been rejected several times in the past, with the pair bouncing around 130 pips each upside movement. The daily candle isn't showing any prime entry point, therefore we expect this pair to stay neutral until FOMC meeting today and SNB meeting on...

Shourov_kk

23.6% Fibonacci retracement of July-September declined, but we can see nice trend line. Eyes on BOC rate statement.. 200-day Simple Moving Average (SMA) level of 1.3280 offers additional strong support.

Shourov_kk

Gold continues to sell off ... around 1484 is a strong support ! Gold will possibly rebound 1540 in the future ..

Shourov_kk

0.9910-0.9920 prime entry point, with 20 to 30 pips SL max.. if it breaks this nice trendline then this trade isnt valid.

Shourov_kk

Possible short, as i am looking at daily and 4 hr time frame, however if it breaks 1520-27 level level then we can expect it to go near 1570

Shourov_kk

After realising US ISM manufacturing report Gold climed to 1549.79 yesterday , As i am publishing this idea now , starting of sydney session highest price is 1549.98, rejection to climb above 1550. Althought it seems like price may go near 1570 by this week and 1600 next. But we are expecting some sort of pullback before buyers take control. .. This could be prime...

Shourov_kk

6090_ 6100 prime entry point.

Shourov_kk

We are expecting another bearish weekly candle. However if the trend change the direction and price goes above 1540 and 1550 next resistance then we can look for an entry point to buy. In both ways you should gain profit if you find the prime entry point and use the correct risk management. Hence , market is not your friend, lots going on specially global...

Shourov_kk

The level to beat for bears is the 1.1080 support followed by the 1.1062 level. Immediate resistance is seen at 1.1098, 1.1117 and 1.1137 levels.

Shourov_kk

The lack of major developments surrounding the US-China trade conflict and the subdued trading action didn't allow the pair to make a decisive move in either direction following that drop, forcing it to move sideways near mid-0.67s. However a positive reports Australian Bureau of Statistics forecast today can attract buyers. FOMC members Barkin and Daly will speak later.

Shourov_kk

NZD/USD struggling to pull away from multi-year lows, trading below 0.6350. Coming up: ANZ Activity Outlook and Business Confidence reports. We can expect positive greater forecast than july 2019 and possible buy.

Shourov_kk

Gold 1545, tp1 1535, tp2 1532, swing 1522

Shourov_kk

GA, t, p