gold is in bullish trend and respecting MA in hr time frame and breaking trend line resistance at 2711 .Formed hammer candle in hr and also forming inverted head and shoulder , MA 21 respecting the bullish engulfer candle indicates bullish movement.Hence going with Long trade . Trade plan bias long @ 2711.5 SL:2701 TP1:2721 TP2:2731
Pair has respected fib level 0.618 in 1 hr time frame and in day time frame it shows hammer candle with respecting MA 200. hammer candle formed in 2 hr from the major support and breaking trend line resistance .HHHL Trade plan bias long @ 3346 SL:3263 TP1:3434 TP2:3496
pair is making inverted head and shoulder pattern in day time frame and respecting the support at 3165 with the MA 200 being respected.Morning star formation in 4 hr time frame and double bottom as well.Weekly time frame also makes inverted head and shoulder indicates bullish move.Triangle formation in 15 min time frame and also respecting MA 200 in 2 hr.Hence...
pair has respected the MA 21 in 30 min and MA 200 also respected indicates bearish move ahead . Resistance respected at 3330 and formed evening star candle in 30 min and 4 hr. as well which is still forming. Bearish engulfer candle in day time frame but also there is MA 200 below which might react i that area. Weekly time frame shows clear and strong bull trend as...
Bullish indications : Pair is in bull trend and resistance broken at 3430 and made inverted head and shoulder in 15 min. along with the trend line resistance broke. 4hr inverted head and shoulder pattern formed and projecting the target of 3734 Respecting the support of 3410 and the trendline support is also respected after the retracement . Bearish...
Pair is making HHHL and respecting MA 21 in day time frame with morning star pattern formation. Trend line resistance is broken and the resistance broken at 1.4374, Triangle break out with MA 200 respected in 1 hr , Trade plan bias long @ 1.4375 SL:1.43678 TP1:1.4384 TP2:1.4390
pair has made double top formation from the resistance and trend line support is broken, MA 200 and 21 confluences to short position. It also forming head and shoulder in weekly time frame where the right shoulder can be formed in this week towards the price 156.42. Shooting star candle from the resistance at 164.91 MA 21 is crossing over 200 in 2 hr time...
Pair is in bullish trend and making higher highs and higher lows , making a bullish flag in day time frame with the support respected at 156.85 Inverted hammer candle in 4 hr time frame indicates bullish continuation. Pair is making inverted head and shoulder in 1 hr time frame. Ma 21 respected in 30 min indicates bullish momentum,. MA200 respected in 2 hr time...
Bearish indications: Head and shoulder pattern in day time frame , MA 21 respected as well.Bearish divergence in the higher time frame. MA 21 is crossing over MA 200 indicates bearish & MA 21 is respecting the candles . Pattern formation from the support is not clear to go bullish as its choppy. Currently in the range and the trade can be taken only after the...
Gold is bullish at the bullish momentum and bounced from 2665 range which was a good support , now the next target will be 2712 as per the major resistance .Forming inverted head and shoulder in 5 min candle as well. Trend line resistance is also broken . Trade plan bias long @ 2786 SL:2670 TP1:2702 TP2:2712
Bullish indications: Bullish flag pattern. Inverted head and shoulder pattern. resistance broken at 21401 MA 20 respected. MA 200 respected in 4 hr time frame. Trade plan bias long @ 21459 SL:21202 TP1:21712 TP2:21969
Bullish indications: Pair is in bullish trend making higher high higher lows, and respecting MA 20 in day time frame , made a inverted hammer in 4 hr time frame , Inverted head and shoulder and hammer Ma 21 respected, in 1 hr -Bullish pennant broke out and again MA 20 respected which indicates bullish momentum in the is pair . Hence going long Trade plan bias long...
Bearish indications: LLLH MA respected in 2 hr time Double top formation Resistance respected at 2663 Ma 21 respected at the head and shoulder pattern from resistance. LLLH Trade plan bias short @ 2656 SL:2664 TP1:2647 TP2:2639
Bullish indications: Trend line resistance broken. Bullish divergence. AB=CD indicates trend reversal for bullish. MA respected in 30 min 20 Fib level 0.786 respected from the recent rally. day time frame trend line resistance broken and retracement respected. Bearish indications: LLLH Trade plan bias long @ 2660 SL:2650 TP1 : 2670 TP2: 2680
Bearish indications: Major resistance respected. Head and shoulder pattern in 15 min frame. Bearish divergence. Sideways trend MA 200 trend respected in 2 hr time frame. Trade plan bias short @ 88.71 SL:88.95 TP1:88.46 TP2":88.24
Bearish indications: Trend line support broken Support broken at 158.385 Bearish flag formation. Bearish divergence in 4 hr time frame. Double top formation in 4 hr . LLLH. Trade plan bias short @ 158.110 SL:158.565 TP1:157.592 TP2:157.137
Bullish indications: Support respected at 1.0535 MA 200 respected. Inverted head and shoulder pattern in 30 min and 4 hr indicates bullish movement expected. Trend line resistance respected. Bearish indications: LLLH in higher time frame.
Bullish indications: Trend line support respected in daytime frame. AB=Cd is complete indicates bullish move. Major support respected at 0.62222 1 hr MA indicates bullish move. Inverted head and shoulder from support. Trend line resistance is broken. Bearish indications: MA is getting respected in 2 hr time frame. LLLH Trade plan bias long @...